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China relied on New Zealand for its cheese imports before it cut the tariff on US cheese, but China's cheese demand has increased more than sevenfold over the last 10 years to 100,000 metric tons, according to Milk Magazine, and the country is looking to other markets. With the tariff now at 8 percent, US producers can be much more competitive in the Chinese dairy market.

China will also build a professional team of food safety inspectors and improve law enforcement capacity at the grassroots level to improve safety at every link, he said.

China is willing to continue to collaborate on innovation and share the fruits of development with Asia and the world, said Huang Kunming, head of the Publicity Department of the Communist Party of China Central Committee.

China understands that some countries' concerns over the safety of their companies and citizens in Hong Kong due to the extreme violent behaviors by some radicals, Wang said, adding that China believes that their legitimate rights and interests will be protected by the SAR government in accordance with the laws.

China will allow foreign-funded institutions to conduct credit rating business with all kinds of bonds in China's inter-bank and exchange bond market, according to a statement of the office posted on the website of the central bank on Saturday.