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China will further encourage cross-border e-commerce transactions by easing the annual cap on transborder online purchases and adding categories of imports to the duty-free list, the Ministry of Finance announced on Friday.

China's Ministry of Commerce on Thursday granted the license to Shell (Zhejiang) Petroleum Trading Co, a wholly-owned subsidiary of Shell China, allowing the company's Zhejiang branch to carry out sales and purchases of oil products for its customers in the Chinese market.

China will further intensify its proactive fiscal policy through a multipronged approach and strengthen the role of the financial sector in supporting the real economy to help businesses ride out difficulties, the State Council's executive meeting, chaired by Premier Li Keqiang, decided on Tuesday.

China will provide a broader market for global investment and protect the rights of foreign investors, according to administration spokeswoman Wang Chunying.

China will introduce a "code of conduct" for outbound investment to provide better guidance on risks to companies investing overseas, after efforts to curb irrational investment have started to take effect, people familiar with the matter said.