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China's central bank will further improve its policy on perpetual bonds, with the first issued by a commercial bank last month to supplement capital and the banking sector's capability to support the real economy, bank Vice-Governor Pan Gongsheng said on Tuesday.

China will enhance law enforcement and supervision of lakes and maintain a tough stance against illegal activities related to lakes, Chen Lei, minister of water resources, wrote in an article published on People's Daily on Friday.

China's Foreign Ministry described the move as bullying. "Signing the bill into law severely meddles in Hong Kong affairs, severely interferes in China's internal matters and seriously violates international laws and basic norms governing international relations," the ministry said in a statement released on Thursday.

China's automotive market has seen a decline in sales this year.

China will not in any way significantly reduce its investment into the US bond market, said senior securities regulator Fang Xinghai while attending the ongoing World Economic Forum in Davos, Switzerland, on Tuesday.