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China will not allow new local government debt to be raised in "hidden ways", nor will it ease the controls on government debt financing despite the heavy fiscal pressure the country faces this year, Minister of Finance Liu Kun said on Thursday.

China's central bank governor Zhou Xiaochuan said using local currencies for Belt and Road investments and financing will help reduce exchange rate fluctuations and ensure financial stability in those nations.

China's birthrate has been on a decline over the past few years, and now the number of people tying the proverbial knot is also heading lower.

China will further open and reform its markets, as well as facilitate a predictable business environment to help companies improve their ability to respond to risks, said the Ministry of Commerce.

China will help small and medium-sized companies in batches to resume work, as only 30 percent of 2.4 million major SMEs have restarted operations, China's top industry regulator said on Tuesday.