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China created more than 13 million new urban jobs annually for four consecutive years in 2013-2016. New jobs created in the first eight months of this year stood at 9.74 million.

China has allowed branches of foreign banks to provide fund custodian services in the country as part of its continuous financial opening-up efforts, according to the country's top financial regulators on Friday.

China has also committed to expanding its gas pipeline networks, with natural gas pipelines reaching 123,000 kilometers by 2025, when all Chinese cities with more than half a million residents each will have access to natural gas consumption, according to the National Development and Reform Commission.

China has entered a new era in which the country will continue to deepen all-around reform, commit itself to opening up to promote common development across the world and make even greater contributions to mankind, Wang said.

China began to implement the two subsidy systems from Jan 1, 2016.