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The central bank will continue to support commercial banks and other financial institutions in issuing capital bonds, improve the capital adequacy of the banking industry, and boost their capacity to provide credit, in a bid to facilitate the financial institutions to serve the real economy, it said.

The central bank also intends to push forward interest rate reform, including further liberalizing deposit rates, which would allow banks to retain some wealth management funds that would have otherwise flowed into other financial products.

The central government will expand trials of a national supervision system, which has been tested in Shanxi and Zhejiang provinces and Beijing, to all provinces, autonomous regions and municipalities.

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The challenge confronting China is to ensure sustainable growth and development. China must tighten environmental protection, invest more in education and innovation, reduce local government debt to ease financial pressures, and promote creativity and productivity via greater competition.

The central government has scaled up measures to spur the growth of the digital economy and the development of new business models in a bid to further free up consumer spending and create more jobs nationwide.

The ceremony for the 9th Pineapple Award is held in Wenzhou, Zhejiang province, on Sunday night. The award is dedicated to researchers who conduct amusing and amazing scientific experiments. YIN XIAOSHENG/XINHUA

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The challenge of dealing with pollution in rural areas is huge, particularly poorer regions in western China, where a lot of the coal pollution problems have been shifted, she added.

The city and the state have been big supporters of the EB-5 visa program, which grants a green card to a foreign investor that invests at least 0,000 to million in a project that creates at least 10 jobs for American workers.

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The central government released a series of policies to promote balance between outright home sales and property rentals, as part of an effort to cool the overheated real estate market and meet the growing demand for accommodation, industry insiders said.

The circular also required efforts to strengthen on-the-job training and increase reserve of key equipment and materials, and improve the comprehensive rescue capability for major accidents and disasters.