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China has seen significant improvement in its business environment in recent years, said Lau.

China is now the world's second-largest civil aviation market. It is expected to become the world's largest by the mid-2020s, according to forecast by the International Air Transport Association.

China is capable of maintaining financial stability and will strike a proper balance－reducing leverage rates while sustaining economic growth－and the government's top priority will be preventing financial risk, Premier Li Keqiang said on Sunday.

China is stepping up measures to support private companies and small and medium-sized enterprises, including ensuring government departments and State-owned enterprises clear their overdue payments to them.

China is ready to work together with India to strengthen strategic communication, promote strategic mutual trust and broaden pragmatic cooperation in all sectors to become good neighbors, who coexist peacefully, and good friends, who collaborate sincerely to revitalize their countries, in a bid to make important contribution to stability and prosperity in Asia and the world at large, Yang said.