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China was ranked the 78th in ease of doing business, according to a 2017 report by the World Bank, up from the 96th place in 2013.

China reported an eye-catching growth of 6.9 percent for the first quarter of 2017, but economists are expecting moderation in following quarters over concerns that China's ongoing scrutiny in the financial sector could dampen growth.

China will approve no more land reclamation projects unless they pertain to key national strategies, according to a circular released by the State Council on Wednesday.

China welcomes the peace initiatives put forward by the Afghan government and appreciates the assistance the international community has provided for the peace process in Afghanistan, Wang said, adding China supports all efforts aimed at bringing an end to the war and conflict and realizing peace in Afghanistan.

China urges the United States to act prudently to avoid damaging economic relations between the two countries, Wang said.