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At the same time, calls to deleverage have been a major concern of government policy meetings in the past year. Yet Xiao stressed at the news conference that the current debt risk level of central SOEs is "reasonable, appropriate and controllable".

Atlanta-based Novelis, a leading producer of rolled aluminum and aluminum recycling, pledged that it will continue its partnership with China and expand investment in China's automotive industry, especially the electric vehicle sector.

At present, more than 110 projects have been carried out in the base, with a total investment of over 140 billion yuan (.83 billion).

At the end of 2019, the lender's total assets stood at 24.88 trillion yuan, up 10 percent from a year ago.

At this time, up to 90 percent of the cryptocurrencies launched so far have no real application scenarios at present, he said.