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According to an action plan submitted to the UN Framework Convention on Climate Change (UNFCCC) Secretariat in late June, China has pledged to cut its carbon emissions per unit of GDP by 60-65 percent from 2005 levels by 2030, raise the share of non-fossil fuels in primary energy consumption to about 20 percent and peak its carbon emissions by the same year.

China's economy expanded 6.9 percent in the first three quarters. To combat the slowdown, the central bank has cut benchmark interest rates six times since November last year and lowered banks' reserve requirement ratio several times.

In addition, he said the country also has plenty of resources to invest in, highlighting the country's foreign reserves that amounts to 3.4 trillion U.S. dollars.

Xi stressed during the meeting that the CPC Central Committee remains determined to combat corruption and its goal to resolutely contain the problem remains unchanged.

"China will roll out a mix of solutions to help companies in the real economy reduce their costs," said the statement.