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The number is expected to grow by 33 percent annually to 1 billion in 2025, and 6 billion in 2030.

The next moves will focus on ways to stabilize the market, reform market institutions, encourage long-term funds to enter the market, facilitate reforms of State firms and develop private firms as well as further open up the economy, Liu said.

The ongoing two sessions would focus on the financial woes of private companies as they work on reform and innovation. In particular, many small and medium-sized enterprises faced challenges in obtaining bank loans, said Deng Xiaojun, assistant to the chairman of Datong Reciprocity Group, a Fujian-based manufacturer of industrial valves that is breaking into the global market of cryogenic valves.

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The official Korean Central News Agency (KCNA) said in a commentary that "ill-boding remarks chilling the atmosphere for reconciliation are heard from South Korea" during Moon's new year press conference last week.

The number of China-Europe freight trains dispatched in the first half of the year surged to 5,122, up 36 percent year-on-year, breaking the monthly record several times over, according to the China State Railway Group Co Ltd, the 21st Century Business Herald reported on Wednesday.

The one-day pass, valid for 24 hours of unlimited metro travel, will be convenient for visitors to Beijing and help boost tourism, the commission said.

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The nine subjects are physics, chemistry, biology, science, Chinese literature, English literature, technology and living, information and communication technology, health management and social care.

The number of Chinese tourists visiting New Zealand grew rapidly in recent years, and most of them entered the country via Auckland.

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The number of online payment transactions surged 34.59 percent year-on-year to 16.29 billion while the value dipped 2.06 percent to 622.68 trillion yuan, the data showed.

The northeastern province, known as an important industrial base in China, is working hard to find new growth momentum by rolling out favorable policies and leveraging its prowess in manufacturing and talent cultivation.