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China hopes relevant parties will "fulfill their responsibilities and obligations and stand on the right side of history", she added.

China is the world's second largest economy, largest industrial producer, largest trader in goods, and largest holder of foreign exchange reserves. Moreover, with its large population of 1.4 billion and a rapidly growing middle class, China is the world's largest and most promising market.

China is also stepping up efforts to safeguard investors from securities fraud after Luckin's fake reporting. Yi Huiman, chairman of the China Securities Regulatory Commission, said in a recent article that the securities regulator will crack down on financial fraud and other legal breaches in the capital market.

China is considering creating a national ethics committee that would supervise life science technologies and researchers to ensure they conform to ethical standards, a former top health official said on Monday.

China is also prepared to boost imports from other parts of the world, he added.