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The court also intends to use demonstration cases to solve securities disputes. By referring to demonstration cases, investors seeking legal help in disputes can get access to a simplified litigation procedure or apply for pre-litigation mediation, the court said.

The currency has been tested within a small scope and in some cases, such as payments of retail sales and salaries, and it has matured sufficiently to go public on a wider scale, said Li Lihui, former president of Bank of China.

The country's factory activity, measured by the manufacturing Purchasing Managers' Index, slowed to a three-year low in February, indicating that China's economic growth remains weak.

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The coupon rates of green bonds are lower at the same maturity compared to regular bonds, offering incentive for issuance, Larsen said.

The death sentence given to Canadian citizen Robert Lloyd Schellenberg, who was convicted of drug smuggling in China, was based on sufficient evidence and strict criminal law procedures, the court and judicial experts said on Tuesday.

The court said Meng used his positions as a member of the ministry's Party committee, vice-minister of public security and director of China Coast Guard to obtain benefits for enterprises and individuals in business matters and job promotions.

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The data also showed the private sector played a major part in propping up employment with faster staff growth, and more migrant workers preferred central and western regions.

The crowded building was a death trap, according to Wei Yiyu, director of fire supervision in Daxing. "Its ceilings were made of polystyrene. Also, gas and smoke would have spread to every room quickly because the partitions didn't reach the ceiling. That dramatically reduced the time people had to escape," he said.

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The current global governing bodies, including the United Nations, the World Bank and the International Monetary Fund (IMF), were largely formed in the post-war period.

The country's plan to lower value-added tax rates for major industries, such as manufacturing, transportation and construction, will also benefit consumers and have a positive impact on GDP growth in the medium and long term, she added.