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China's economic growth has continued during the past five years, while "the financial system has facilitated the country's high growth rate and the consequent sharp decline in poverty rates", the main report said, calling on the financial sector to better support China's economic transformation from an export-and investment-driven model to one depending more on services and consumption.

China's continuing efforts to press for sustainable growth and to improve global governance won the support of world leaders when they met for the G20 Summit in the lakeside city of Hangzhou, the capital of Zhejiang province, in September.

China's outbound direct investment from non-financial sectors dropped 41.9 percent year-on-year to .03 billion between January and September, the Ministry of Commerce announced on Tuesday.

China's economy extended its steady growth, expanding higher than expected by 6.8 percent year-on-year in the first half.

China's leading new energy vehicle (NEV) manufacturer BYD Company Limited said its net profit fell 41.9 percent year on year in 2019. [Photo/Sipa]