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China's central State-owned enterprises saw their net profits surge 26.5 percent year-on-year to 226.4 billion yuan (.9 billion) in the first quarter of this year, thanks to measures including mixed ownership reform, the nation's top SOE regulator said on Thursday.

China's GDP logged a 6.7 percent growth in the second quarter of this year, with the pace of expansion staying within the range of 6.7 to 6.9 percent for 12 straight quarters. Final consumption contributed to 78.5 percent of the economic expansion in the first half of the year.

China's A-share market was born in December 1990, when the Shanghai Stock Exchange debuted with only eight listed firms capitalized at more than 1.2 billion yuan (0 million) in total.

China's central bank is steadily promoting research and development pilot work for the digitalized currency, or the "digital RMB". Some key characteristics were further explained by a senior official on Monday.

China will implement the 14th Five-Year Plan for Economic and Social Development starting next year.