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The contradiction between media reports and bank statements showed the existing home loan policies require coordination in accordance with central government's guideline for eliminating speculation. Other key factors are banks' home loan targets, and stable market demand, which could sustain a policy favorable to home-buying, said Yan Yuejin, research director at the E-House China R&D Institute.

The core CPI, which excludes food and energy prices, rose 1 percent year-on-year, edging down from 1.5 percent in the previous month.

The country will lift foreign ownership limits on securities, fund management and futures companies by 2020, a year ahead of schedule, said the State Council's Office of Financial Stability and Development Committee on July 20 when it announced 11 measures to further expand the financial sector's opening-up.

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The conference focused on striking a balance between human rights protection and pandemic control and prevention measures under the principle of appropriateness.

The conference from Sunday to Tuesday is themed on "Developing digital economy for openness and shared benefits -- building a community of common future in cyberspace."

The country leapt into the mobile internet age much faster, and is now leading in many aspects. This means there are opportunities for many stakeholders.

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The construction of the legal institutions and related systems for addressing public petitions should be improved, Xi said, calling for efforts to make petition work more forward-looking, systematic and targeted.

The cooperation looks to promote energy saving and facilitate transportation efficiency in Shanghai. Currently, Qiang Sheng operates more than 12,000 taxicabs across Shanghai, accounting for a quarter of the city's total.

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The congress, whose opening on Wednesday was attended by 2,338 Party delegates and specially invited delegates, is the country's most important political meeting in five years. The delegates will deliberate on and adopt an amendment to the Party's Constitution, and they will also elect the Party's 19th Central Committee and Central Commission for Discipline Inspection.

The consultancy found that Chinese companies recorded 34.4 percent jump in R&D expenditure to reach .1 billion in 2018, eclipsing the global average of 11.4 percent.