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China will reorganize its state key laboratories, create new comprehensive national science centers and regional highland of innovation, and support Beijing, Shanghai and the Guangdong-Hong Kong-Macao Greater Bay Area becoming a global science and technology innovation center, the document said.

China will see a bumper harvest this year with stable cereal grains output, and large-scale cereal purchases have kicked off recently, the National Food and Strategic Reserves Administration revealed on Tuesday.

China will push ahead with supply-side structural reform in the financial sector to help private enterprises solve financing difficulties and reduce financing costs, said Guo Shuqing, Party secretary of the People's Bank of China and chairman of the China Banking and Insurance Regulatory Commission.

China's bans on ICOs and cryptocurrency exchanges are part of a broader campaign to curb the country's financial risks as the country faces a build-up of debt, and booming new financial products challenge regulations.

China's GDP growth was 6.6 percent in 2018, dragged down by a fourth-quarter increase of just 6.4 percent. In the Government Work Report delivered on March 5 to the National People's Congress, the country's top legislature, Premier Li Keqiang set a target range of 6 to 6.5 percent to be achieved this year.