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China will make its service sector a new highlight in its opening up and the country especially welcomes foreign businesses from Japan and the Republic of Korea to increase cooperation in the sector, Premier Li Keqiang said on Tuesday.

China's GDP growth has been slowing steadily since the first quarter of 2010, when it exceeded 12 percent year-on-year. In the third quarter of 2019, the GDP growth came in at 6 percent year-on-year, the lowest since 1992. Such a steady deceleration is unprecedented for the world's second-largest economy.

China's Foreign Ministry on Tuesday condemned accusations by some US senior politicians that police in Hong Kong have suppressed protesters by using violence, and the ministry reaffirmed that Hong Kong affairs are China's internal affairs and none of the US politicians' business.

China will keep stepping up reform and innovation efforts, give better play to the advantages of insurance funds, and increase support for national strategies and long-term corporate financing, regulatory officials said.

China will improve the management of State-owned financial institutions in key sectors to bolster financial security, widen mixed-ownership and financial opening-up reforms to vitalize the market, said a guideline released by the central authorities.