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China hopes to exchange views on relations with the bloc at the upcoming China-EU leaders' meeting and to reach pragmatic outcomes in fields such as bilateral investment treaty negotiation and climate change, the premier said. China also expects to work with the EU in upholding multilateralism; promoting trade liberalization and investment facilitation; and safeguarding world peace, stability and development, he said.

China is considering whether to revise guidelines for the country's hospitality industry and tourist attractions to include provisions targeting the wastage of food, the Ministry of Culture and Tourism said at a meeting on Aug 17.

China has set a target for this year's year-on-year GDP growth to be between 6 and 6.5 percent. To meet the target, China will not resort to a "liquidity deluge" method of quantitative easing to stimulate the economy because it will bring serious side-effects, the premier said.

China is rapidly developing in terms of innovation and a batch of high tech Chinese companies have emerged, said Yves Morath, counselor and head of the Swiss Business Hub China at the Embassy of Switzerland in China. He emphasized that the nation has become the most significant export market for Switzerland in Asia.

China is the world's largest market for new energy autos, with around 1.7 million such vehicles on its road as of the end of 2017, according to statistics from the China Association of Automobile Manufacturers.