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China will keep a prudent monetary policy, maintain market liquidity at a reasonably ample level, and take rational steps in structural deleveraging, Wang told the paper.

China will host an international conference on countering desertification in September, Liu Jieyi, China's permanent representative to the Unite Nations, told the meeting of the Group of Friends of A Pollution-Free World on Combating Desertification.

China's big four banks posted higher growth in lending income and improvements in profitability and asset quality, with average daily income of 2.5 billion yuan (7.3 million) in the third quarter.

China will speed up the development of high-standard farmland, cold-chain storage and logistics facilities for agricultural products and modern agricultural industrial parks.

China will implement a group of measures to cut value-added tax rates, ensuring that the tax burden on all industries will only go down, according to a decision made by the State Council's executive meeting presided over by Premier Li Keqiang on Wednesday.