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Some worry that the country's harsh anti-corruption campaign could hurt officials' enthusiasm for their work if they face punishment for mistakes, leading to inaction and hurting reform and economic growth.

Zhang Dejiang, chairman of the NPC Standing Committee, joined his fellow lawmakers in one of the panel meetings.

The SPC last year issued judicial explanations on P2P lending, recognizing lending among enterprises with conditions, in a bid to satisfy the demands of small and medium-sized companies for investment and financing, according to the report.

Liu expressed hope that Facebook, which has advanced technology and governance mode, should work with Chinese internet enterprises to enhance exchanges and share experience so as to make outcome of the internet development better benefit the people of all countries.

China aims to complete the building of a moderately prosperous society in all respects by 2020, and pursues common prosperity for its citizens. Poverty reduction, an inherent task in the process, has been flagged by Xi as one top priority for the years to come.