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China may begin to carry out newly announced economic stimulus measures as soon as April to help shore up domestic demand and achieve economic development goals, economists said on Sunday.

China rolled out guidelines in late April allowing foreign investors to set up securities trading firms with holding status as part of China's opening-up efforts in the financial sector.

China strongly protested the trespassing of a United States warship into China's territorial waters off the Xisha Islands, dispatching battleships and fighter jets to warn off the vessel.

China may announce a three-year action plan on reforming China's State-owned enterprises next year to promote mixed-ownership reform, cut government subsidies and improve earnings at home and abroad, experts and business executives said on Wednesday.

China will also inclusively reduce taxes for the medium and small-sized enterprises, ensuring that taxes on all industries will be lowered, stressed Li.