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China has established a unique organ donation system that has been hailed as a model by many international experts, Huang said.

China has been actively assuming its international responsibility and participating in global governance by putting forward new concepts, thoughts and plans to reshape the global governance system, said Liu Wei, president of Renmin University of China, at a global governance forum on Saturday in Beijing.

China has dispatched its most advanced rescue ship equipped with professional search-and-rescue teams to the Nansha Islands days ago, which will be stationed there to carry out various missions, and the ship will provide maritime assistance for ships from countries around the world when necessary, he said.

China could be one of the leading countries in the world to have a retail-based central bank digital currency, said analysts.

China cut loan prime rate (LPR), a newly reformed interest rate to guide banks’ loan price, on Wednesday to lower corporate financing cost and stabilize economic growth amid rising headwinds.One-year LPR came in at 4.15 percent, down from 4.2 percent a month earlier, according to the National Interbank Funding Center. The above-five-year LPR stood at 4.8 percent, down from 4.85 percent a month earlier.The People's Bank of China, the central bank, announced in August a plan to reform the LPR mechanism to better reflect market changes in its latest move to guide borrowing costs lower to support the real economy.