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China also should strike a delicate balance between volatility and stability. It should keep policies and regulations, especially the implementation of policies and regulations, stable so as to be able to absorb the impact of any volatility in markets.

China Life, one of the largest institutional investors in the capital market, will actively seek alternative investment opportunities this year, the company's top management said on Thursday.

China and India can create an even closer partnership in the new era, as the countries' leaders have reset relations through an informal meeting over the weekend in the coastal city of Chennai in southern India, officials and experts said.

China and Russia have already forged a variety of oil and gas ventures and undertaken investments in recent years.

China and the Philippines should strengthen high-level exchanges, deepen practical cooperation and properly deal with differences, Vice-President Wang Qishan told Philippine Secretary of Foreign Affairs Alan Peter Cayetano in Beijing on Friday.