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China will maintain a prudent and neutral monetary policy in 2018 as it balances growth and risk prevention.

China will further improve its business environment by cutting taxes and fees and streamlining administrative approvals, Li said, adding that the negative list of market access will be fully carried out to cultivate a fair and transparent environment for all businesses.

China's central bank will take further steps to encourage equity financing and facilitate capital market reforms to diversify financing services in the banking sector, a senior official said on Tuesday.

China's bike-sharing industry has become a new model leading the trend of the world.

China's banking regulator on Wednesday issued a notice vowing to address regulatory loopholes and urging the country's lenders to effectively control risks.