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China will continue tracking the case and tackle the aftermath, Foreign Ministry spokesman Geng Shuang said at a daily press conference in Beijing.

China's banking and insurance regulators at the local level are encouraging banks to count loans overdue by 60 days or more as nonperforming loans, with the aim of better disclosing the risk situation of the banking sector and urging banks to further improve asset quality.

China's Foreign Ministry said the deployment of THAAD went against efforts made by all parties to settle issues through discussion and severely sabotaged China's security and strategic interests.

China's Vice-Finance Minister Zhu Guangyao had earlier disclosed that foreign businesses will be allowed to own as much as 51 percent of shares in a joint venture in securities, funds and futures industries, up from the current 49 percent.

China would like to work with ASEAN countries, including Indonesia, to promote ties and regional peace, stability and development, he said.