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The Chinese embassy in Ottawa called her case "a grave political incident" and warned Canada "not to go further down the wrong path".

The CSRC will facilitate Tokyo-based Daiwa Securities and New York-based investment manager BlackRock to establish new investment arms in Beijing, Yan said, citing that China's first foreign-controlled securities firm UBS Securities is headquartered in Beijing.

The Cabinet said private businesses will be encouraged to invest in sectors such as medical care, education, nursing, domestic services and sports to make sure more high-quality services can be made available to the public. The development and application of industrial internet platforms will be accelerated, and the sharing of data and manufacturing resources will be stepped up, it added.

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The Central Economic Work Conference last week, a gathering of China's top leaders to discuss economic issues and reform plans in detail, decided China will deepen supply-side reform and will maintain its proactive fiscal policy and prudent monetary policy.

The Chinese banking sector's external liabilities reached .34 trillion by the end of June, up 2.29 percent year-on-year, according to the country's foreign exchange regulator on Thursday.

The China-Vietnam border port of Dongxing in South China's Guangxi Zhuang autonomous region is seen on April 16, 2019. [Photo by Shi Ruipeng/chinadaily.com.cn]

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The China National Nuclear Corp also has been building nuclear reactors using its own Hualong One technology for the Karachi nuclear power plant in Pakistan.

The Caixin China General Services Business Activity Index rose to a higher level than in each of the preceding seven months — 53.5 in November, up from 51.1 in October. The indicator for new export orders rose to a four-month high while overall new business also rebounded from the previous month with improved external and domestic demand, according to a survey jointly released by media group Caixin and information provider IHS Markit.

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The Cabinet meeting also underscored the need to continue with unrelenting efforts to ensure grain production to guarantee the country's full self-sufficiency in grain supply.

The Chinese government released a new negative list for foreign investors recently to further lower the market access threshold.