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China-CEEC cooperation has played a constructive role in enhancing China-CEEC ties and promoting the process of European integration, said Li.

China's tech heavyweights expressed their desire to apply AI and automation technologies to greatly enhance the supply chain and operational efficiencies, as well as transform the traditional business models.

China's top officials highlighted the importance of the financial sector to the real economy at the National Financial Work Conference in July, reiterating that prevention and control of financial risks is essential for systemic health.

China, the world's largest developing economy, registered a 6.2-percent growth year-on-year during the first three quarters of 2019, within the government's annual target of 6-6.5 percent, according to data from the National Bureau of Statistics.

China's supply of rare earths accounts for around 80 percent of the global supply, so the country's output affects the international prices of the raw material. Both China and the world have produced an inadequate supply of rare earth this year.