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China is currently the world's largest crude oil and gas importer, importing 440 million tons of crude oil and 125.4 billion cubic meters of gas in 2018, up 11 percent and 31.7 percent year-on-year. The foreign oil and gas dependence ratio reached 69.8 percent and 45.3 percent, according to PetroChina's Economics and Technology Research Institute.

China hopes that the United States will take concrete actions in easing the export control and effectively loosen the restrictions on products exported to civilian users for civil purposes, which will also help reduce the US trade deficit, the report added.

China has pushed for SOE reforms, including the mixed-ownership reform and corporate reform, to inject vitality to a large number of previously underperforming enterprises.

China has slapped a 25 percent tariff on pork and other agriculture products in response to the US imposing tariffs on Chinese aluminum and steel exports.

China is ready to work with the EU to strengthen dialogue and coordination at bilateral, regional and global levels, promote and practise multilateralism, uphold the UN-centered international order and system, and tackle global challenges. China and the EU need to stand firmly against unilateralism and protectionism, push for a more open, inclusive and balanced economic globalization beneficial to all, and support the international community in formulating and improving fair, equitable and just international rules and standards to ensure that all parties engage in decision making as equals, enjoy their legitimate rights, and shoulder responsibilities and obligations commensurate with their levels of development.