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China will keep monetary policy prudent, flexible and appropriate this year. It is widely expected that the People's Bank of China will further cut the reserve requirement ratio and the benchmark interest rate.

China's A-share market has seen sharp corrections this year, with the benchmark Shanghai Composite Index losing about 20 percent compared with the beginning of the year.

China's ambassador to Italy, Li Ruiyu, said the fast development of Guizhou province is but a microcosm of the success of China's reform and opening-up policy. Quoted the saying of Chinese President Xi Jinping, Li said "China will not close its door to the world; we will only become more and more open."

China's Belt and Road Initiative eyes win-win cooperation between countries along the route. Japanese economic community has pinned high hopes on the initiative for boosting regional prosperity and sharing fruits of development, and has asked the Japanese government to adopt a positive attitude towards it.

China will further improve its business environment, step up intellectual property rights protection and provide equal treatment to domestic and foreign enterprises, Premier Li Keqiang said on Friday.