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China's Nasdaq-style high-tech board known as the STAR Market has provided a more inclusive financing platform for the country's high-tech innovation companies since its opening in July. There were 70 companies listed on the STAR Market last year, raising total funds of 82.4 billion yuan. The proceeds accounted for 32 percent of the total fundraising of the A-share IPO market, according to data released by PwC.

China's automobile tariffs were significantly reduced to 25 percent by 2006 after its accession to the WTO in 2001, a relatively low rate for a developing economy.

China will deepen security and defense cooperation with African countries to help them better tackle complex security issues ranging from piracy to epidemics, officials said on Tuesday.

China will open up its futures markets to the world, particularly foreign investors, to help the markets align with the national strategies for boosting the real economy, said a senior official from the country's top capital market regulator.

China's central bank will provide additional liquidity to help commercial banks meet capital adequacy requirements and ease lending concerns.