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China has successfully launched billion worth of dollar-denominated sovereign bonds in the Hong Kong Special Administrative Region on Thursday, including billion of five-year bonds and billion of ten-year bonds, which attracted a wide range of global investors.

China is due for an eight-day national holiday this year, starting on Oct 1.

China is a socialist country of people's democratic dictatorship under the leadership of the working class based on an alliance of workers and farmers; it is a country where all power of the state belongs to the people. China's socialist democracy is the broadest, most genuine, and most effective democracy to safeguard the fundamental interests of the people. The very purpose of developing socialist democracy is to give full expression to the will of the people, protect their rights and interests, spark their creativity, and provide systemic and institutional guarantees to ensure the people run the country.

China has sufficient policy tools and will continue to adopt a series of measures to vitalize the market and economy, the country's top economic regulator said.

China has vowed to take substantial efforts to further open up its financial sector to foreign investors. It has, for example, allowed foreign enterprises to take as high as 51 percent of shares in Chinese securities, fund management, futures and life insurance companies and the cap will be eliminated in 2021.