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China's bioinnovation industry is undergoing a process of gradual upgrade and will be among the world's foremost in the upcoming years, experts said during a recent seminar discussing the prospects and challenges of basic research in China's pharmaceutical healthcare sectors in Shanghai.

China will roll out its reform of decoupling business licenses from operating permits on all 523 items concerning business operations subject to central government approval starting Dec 1 in pilot free trade zones nationwide.

China's bonds market stood at about 86 trillion yuan (.84 trillion) by the end of 2018, with about 1.8 trillion yuan (0 billion) held by global investors, up 46 percent year on year.

China will enhance oversight over monopolistic practices created by industrial organizations, especially in overcapacity sectors, a senior official with the nation's top economic regulator said.

China will help the AIIB to operate in accordance with international standards and high standards, and gradually invest in the bank according to its operation details, Liu said.