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China will encourage foreign investors to enter its trust, financial leasing, auto finance, money brokerage and consumer finance sectors, a move to take effect before the end of this year, said Yi Gang, governor of the People's Bank of China, at the Boao Forum for Asia annual conference in the southern Hainan Province.

China's Beidou Navigation Satellite System has started offering its services to a wide range of sectors as well as an expanding number of countries, as the homegrown system steps up its application and commercialization.

China's and India's defense ministers have met in Moscow in an effort to lower tensions along their border in the eastern Ladakh region and seek ways to enhance exchanges.

China will continue to work on developing industrial standards and the regulation framework for the IoV sector, and encourage international cooperation, Wang said.

China would like to strengthen high-level exchanges and expand pragmatic cooperation under the principles of mutual benefits and development, Li said. It will also keep closer exchanges in tourism and culture with Bulgaria, he said.