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China will accelerate the opening of industrial and supply chains with weak links, encourage investment to better meet the needs of domestic consumption upgrade and support firms to invest in the central, western and northeastern regions, said Pang Chaoran, a researcher with the CAITEC.

China will also stick to the principles of consultation and joint construction with other countries while combating transnational business bribery in a bid to create a regulated business environment under the rule of law.

China is willing to enhance coordination with the Russian side in order to ensure that the visit will be successful and fruitful and inject strong impetus into the development of bilateral relations, he said.

China should continue to prioritize reducing excess capacity, curbing the credit surge, lowering debt leverage in the corporate sector and reforming state-owned enterprises, according to the World Bank's latest report on the East Asia and Pacific Region.

China stepped up its financial support to key areas and weak links in the economy, according to data released by the China Banking and Insurance Regulatory Commission on Friday.