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China will set aside 500 million yuan (.61 million) for economic and technological cooperation and exchanges among BRICS countries, President Xi Jinping said on Monday while calling for joint efforts to open the bloc's second "Golden Decade".

China's actions have helped mitigate the impact of the pandemic, stimulate the potential and vitality of the economy, and helped promote regional and global economic recovery, he said.

China will keep a close watch on the strategy adopted by the United States vis-a-vis inbound investments and continue to oppose the use of national security to limit foreign investments, the Ministry of Commerce said on Thursday.

China will facilitate the establishment of bilateral and multilateral platforms for entrepreneurship, support demonstration bases to deepen opening-up, and enhance international cooperation to ramp up global entrepreneurship, it said.

China's announcement that it will expand control of fentanyl and related substances will further reduce the risks of illegal production, abuse and smuggling, a narcotics-control expert said.