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China's top securities watchdog on Tuesday vowed a tougher crackdown on fraudulent initial public offerings following the opening of a trial involving the first Chinese company forced to be delisted from the stock market over IPO fraud.

China's prudent monetary policy will remain neutral this year, with easing or tightening only as appropriate. Deng said moderate inflation will not lead to any tightening of monetary policy this year.

China's securities regulator said on Friday that expansion of the innovation and entrepreneurship bond pilot for facilitating financing of high-tech small and medium-sized companies will continue.

Chinese AI company iFlytek announced on Monday that it will become the exclusive supplier of automated translation software for the 2022 Beijing Winter Olympics and Paralympics.

China, he added, hopes that other parties with an interest in the Korean Peninsula will join the push by China and Russia for talks, take up their respective responsibilities and place the issue on the right track of dialogue and consultation toward a negotiated settlement as soon as possible.