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China will set up a special transfer payment mechanism to ensure that fiscal funds directly benefit businesses and people, an executive meeting of the State Council decided on June 9.

China will not change its determination to deepen strategic cooperation with Saudi Arabia no matter how the global and regional situation changes, President Xi Jinping said on Thursday in a phone conversation with Saudi Arabia's King Salman bin Abdul-Aziz.

China will develop the artificial intelligence and big data to make the new energy auto industry competitive in the global market.

China's actual sales revenue of gaming industry rose 5.3 percent year-on-year to 214.44 billion yuan (.11 billion) last year, accounting for 23.6 percent of the global gaming market, Financial Times reported, adding that social responsibility should be an important part of gaming industry development.

China will stick to the timetable and plan unveiled in 2018 for the opening-up of financial sectors, said Yi.