China made notable progress in stabilizing its leverage ratio and promoting growth last year, against the backdrop of scientific and effective COVID-19 prevention and control, Liu said at a press conference on Tuesday.
Digitalization of China's financial sector in the new year has been advanced with the latest government guideline and wider promotion of digital currency.
China's central bank Wednesday injected 100 billion yuan (about 15.6 billion U.S. dollars) into the financial system via reverse repos.
Citing a notice made public in September by the People's Bank of China and nine other government departments, Meng said virtual currency does not have the same legal status as legal tender, and that business activities related to virtual currency are illegal.
The producer price index, which gauges factory-gate prices, rose 10.7 percent year-on-year last month, up from 9.5 percent in August and marking the highest level since the bureau started releasing the numbers in 1996.