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As we walk deeper into the scenic spot, more monkeys come into view, they all seem to follow a man in red, as he throws a bunch of peanuts from time to time. "He's Kuang San'ao, the king of all monkey kings here," the tour guide says.

As such, everyone must strengthen cooperation and coordination, face threats and challenges with collective efforts, and "make new advances amid changes", Ho said.

As the end of the first quarter this year, Chinese banks' total assets reached 276 trillion yuan (.1 trillion), up by 7.7 percent year-on-year. The non-performing loan ratio of commercial banks stood at 1.8 percent as of the end of the first quarter, slightly higher than the ratio of 1.74 percent in 2017. The banking sector also reported net profit of 571.5 billion yuan in the first quarter, up 6.09 percent year-on-year, according to the China Banking Association.

As the 70th anniversary of the PRC approaches, people are keen to celebrate the country's past while looking to its future.[Photo provided to China Daily]

As the efforts bear fruit, this year's bailout policy package－with tax and fee cuts and measures to boost financing to business at the core－is expected to be effective in easing the burden of hard-hit enterprises, said Yang.