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China will open up even wider and create better conditions for the two countries to deepen cooperation in economy, trade and between the enterprises of the two sides, he said.

China's banking and insurance regulator recently issued guidelines that require banking and insurance institutions to offer comprehensive financial solutions to companies in the upstream and downstream of a supply chain based on real business transactions, making a new effort to tighten regulation of supply-chain finance.

China's 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.

China's Foreign Investment Law and its supplementary regulation took effect on Jan 1, marking an official shift in the country's supervision of foreign investment from the old model of case-by-case approval to negative list management.

China will hold the first International Import Expo in November. Next year, it will host the second Belt and Road Forum for International Cooperation.