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China will continue innovation-driven development following two successful years of the Fujian, Guangdong and Tianjin pilot free-trade zones.

China plans to abolish the requirement that domestic insurance companies have to own at least 75 percent stake in insurance asset management joint ventures, the country's top insurance regulator said on Saturday.

China will continue fulfilling its territorial rights and interests and safeguarding its territorial sovereignty in accordance with border treaties and agreements concerned, Hua said.

China warned some United States officials on Wednesday not to have illusions on issues concerning China's core interests after US Secretary of Health and Human Services Alex Azar's visit to Taiwan, and urged him to stop criticizing China's anti-pandemic efforts.

China remained home to the region's largest bond market, accounting for 76.6 percent of the region's total bond stock as of the end of June, added the report.