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China's central bank took targeted monetary policy measures on Monday to calm stock market and fill the liquidity gap for small and medium-sized banks, building a cushion to stabilize economic growth amid trade tensions.

China will undertake key measures to further integrate the country's rural and urban areas and encourage the transfer and free flow of people and resources throughout the nation.

China will work to create a better environment to facilitate the healthy development of the blockchain industry, the Ministry of Industry and Information Technology said on Thursday.

China's banking sector will continue to see stable development this year but the banks may face slower profit growth and rising pressure on their asset quality, a report said on Wednesday.

China's business environment showed one of the strongest improvements worldwide in the 12 months ending May 1 thanks to its robust reform agenda, the World Bank Group said on Thursday.