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China is pursuing the realization of the two centenary goals, he said, adding that all the people who have witnessed China's development in one generation will have no doubt that China will fulfill its dream.

China has stepped up the supervision of financial holding groups. The government took control of private conglomerate Anbang Insurance Group in February. Its former chief Wu Xiaohui was sentenced to 18 years in prison for illegal fundraising and embezzlement on Thursday in the first trial.

China has pushed forward six economic corridors: the New Eurasian Continental Bridge, the China-Mongolia-Russia corridor, the China-Central Asia-West Asia corridor, the China-Indochina Peninsula corridor, the China-Pakistan corridor and the Bangladesh-China-India-Myanmar corridor.

China is forecast to have more than 150 million 5G mobile subscribers by the end of this year as the nation's efforts to expedite construction of new infrastructure are expected to help fuel economic growth, experts and company executives said.

China has so far restored about 60 percent of its passenger flight capability prior to the novel coronavirus pandemic, said Civil Aviation Administration of China on Saturday.