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China has closed many old plants and merged hundreds of producers in pursuit of efficiency, and to cut overcapacity.

China has always proposed that any problem between the two countries can absolutely be solved through equal and candid dialogue, he said, and urged more efforts to push forward bilateral cooperation.

China has its own strengths. This is especially the case with regards to its high-value labor resources, comparatively low land costs and relatively fair business environment with the world's most complete industrial categories, high efficiency, convenience and low cost supply chain, said Song Liang, director of the technology innovation research office at CCID Thinktank.

China has identified 22 cities, including Beijing, Nanjing in Jiangsu province and Wuhan in Hubei province, as venues for comprehensive cross-border e-commerce pilot zones.

China has officially joined the COVAX, an international initiative aimed at ensuring equitable global access to COVID-19 vaccines, and is willing to strengthen vaccine cooperation between China and Africa on the basis of fully respecting the will of the African side, he said.