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China has offered a great number of materials for the African Union and African countries to fight the disease, dispatched medical teams to Africa and initiated technological exchanges without any reservation, Xi said.

China has accelerated the opening-up of its financial sector to overseas investors by streamlining regulatory requirements and easing restrictions on foreign companies.

China has made huge progress in reducing logistics costs, seeing cost cuts of 98.1 billion yuan last year, up from 55.8 billion yuan in 2016.

China faces a "severe and complicated" situation concerning combating money laundering amid rising financial risks and even more stricter international standards on fighting money laundering, Yin said at a briefing.

China has opened direct flights with 43 countries along the route. Cargo trains between China and Europe have completed 7,500 trips. And 75 economic and trade cooperation zones have been set up, creating more than 200,000 jobs for local workers.