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China stands ready to further improve the level of economic integration with the Association of Southeast Asian Nations with joint efforts to enable the signing of the Regional Comprehensive Economic Partnership this year, State Councilor and Foreign Minister Wang Yi said on Sunday.

China issued the first Chinese version of International Electrotechnical Commission (IEC) standards during the 12-day 83rd general meeting of IEC, which concluded on Friday in Shanghai.

China should push forward the construction of multifunctional underground pipeline corridors in an orderly manner, and reinforce the safety supervision of the construction and operation of transport, water, drainage, heating, natural gas and other infrastructure projects.

China set up its first FTZ in Shanghai in 2013 to attract more foreign investment and promote trade and regional integration. Since then, the country has added 20 zones, including those in such diverse areas as the coastal provinces of Fujian and Guangdong and the inland provinces of Shaanxi and Sichuan.

China will continue to improve the formation mechanism of the renminbi exchange rate to enhance its flexibility and keep it generally stable within a reasonable range, according to Wang Chunying, spokesperson with the State Administration of Foreign Exchange (SAFE).