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The commission also vowed improved supervision, with better capital regulation, differentiated regulatory measures and a negative list for equity investment.

The combined profits of China's SOEs grow 8.7 percent year on year to 1.39 trillion yuan (about 3 billion) for the January-May period. [Photo/IC]

The collaboration aims to provide innovative glucose monitoring solutions to patients and physicians in China by integrating WaveForm's novel and proprietary technologies with Bayer's extensive experience and know-how in diabetes management.

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The commission said there is "a strong consensus" among the Chinese government and financial regulators that deepening financial opening-up will usher in more competition and mature investment ideas, conducive to improving investor structure and strengthening support for the real economy.

The comments and pledge came as officials from the two countries met here recently on the sidelines of the 11th ASEAN Ministerial Meeting on Transnational Crimes.

The cloud service provider also announced on Wednesday that it has upgraded all its AI and big data products, as part of the larger efforts to reinforce its leading position in the market.

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The claim by US leaders that attributes China's achievement to chronic trade surpluses in Beijing's favor is logically untenable, he said.

The commission will set a fast channel for the issuance of corporate bonds and asset-backed securities by businesses registered in Hubei province and other severely hit areas, as well as those raising funds to contain the pandemic, Li told the China Securities Journal on Saturday.

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The collaboration is also a big step toward fulfilling the action plan for the integration of ports and shipping of the Yangtze River Delta region, jointly issued last year by the Ministry of Transport and local governments of Shanghai and Jiangsu, Zhejiang and Anhui provinces, which stated that construction of the northern side of Xiao Yangshan should start by the end of 2019.

The company has established a research and development team comprising more than 60 professionals, and has built up more than 10 high-end medical device R&D centers.