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The country's forex market is generally stable with balanced supply and demand, Wang said, noting that multiple favorable factors including a huge market and strong resilience of the Chinese economy offer strong support to the market's stability.

The country's financial system is also backed up by the world's largest banking sector with assets of 232 trillion yuan (.68 trillion), a massive stock market valued of 52 trillion yuan, a huge fund industry worth 18 trillion yuan, and a strong insurance sector with assets of 16 trillion yuan.

The country's lawmakers are still reviewing the amendment that's sought to be made to the Securities Law. The existing laws ban loss-making local companies and firms registered overseas from listing on the local bourses.

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The country's rice, peas, sesame seeds, corns, dried tea leaves, fishery products, rubber, minerals and animal products are mainly exported to China.

The court held the defendant Yao Gang, as a State functionary who used the convenience of his position to seek benefits for others and illegally accepted properties through his close relatives, committed the crime of bribery.

The currency's robust performance was the result of a weaker dollar, sound economic fundamentals, improved regulation of capital flows, a relatively tightened monetary environment and increased global use of the currency.

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The court heard the case in December and handed down the judgement earlier this week.

The country's tourism industry earned 5.97 trillion yuan (865.22 billion US dollars in revenue in the past year, an annual growth of 10.5 percent, according to the report.

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The country's iron ore output totaled 70.787 million tons last month, up 1.5 percent year-on-year, faster than the 1.2-percent growth in April, the National Bureau of Statistics (NBS) said.

The court said Xiang's act constituted the crime of bribery and noted the amount was particularly large. Due to the fact that Xiang surrendered himself to the police, pleaded guilty and willingly returned all the gifts, he could be punished lightly, according to law.