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The PBOC has moved cautiously to loosen its monetary policy in response to an economic downturn this year, as it is wary of refueling inflation and boosting housing prices that remain high.

"China is speeding up its development mode, adjusting economic construction and maintaining a stable and fast momentum of economic growth, which is a great contribution to the world economy. China is confident in itself and hopes this summit will yield positive results in maintaining economic growth and stability," he said.

The gas outburst was triggered as workers were doing the drilling work underground, an initial investigation showed.

A total of 5,640 applicants were awarded plates at Monday's lottery, which was attended by the representatives of the applicants, notaries and officials.

The property market has experienced a gloomy year after the early-2011 roll-out of a series of tough government curbs, including purchase restrictions, higher lending rates and a ban on mortgage loans for third homes.