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China backs the UN's commitment to playing a more active role, supports the work of the UN secretary-general and adheres to the purpose and principles of the UN Charter, said Wang.

China has made it clear that it wants an equal trade agreement that must address the country's core concerns, such as lifting all additional tariffs, making trade procurement figures realistic, and that the text of any deal must be "balanced".

China has been the world's largest producer of automobiles and biggest auto market for the past 11 years and the country has also topped the global new-energy-vehicle market since 2015, with 4.17 million new energy vehicles sold as of June, according to a report by the China Society of Automotive Engineers.

China has in recent years sped up efforts to build its commercial aircraft. Besides the ARJ21-700, COMAC has also made the larger C919 jet, a narrow-body jumbo designed to rival the updated Airbus A320 and the new Boeing B737.

China has demonstrated clearly its determination to open up the financial sector to global players. We of course welcome this approach, and see abundant opportunities in China as we are strong here and competitively positioned to capture market share in our key areas of focus. We have two clear points of differentiation versus our peers.