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China is dedicated to peaceful solution of the Korean Peninsula issue through dialogue and consultation, Liu said.

China invested a record 82.13 billion yuan (.76 billion) in oil and gas exploration last year, up 29 percent from the previous year.

China is "strongly dissatisfied over, and resolutely opposed to irresponsible comments individual countries and institutions made" over the ban, Foreign Ministry spokesman Geng Shuang responded on Tuesday.

China is seeking to balance domestic development between different regions. For the same purpose, the UK has proposed plans such as the "Northern Powerhouse" and the "Midlands Engine for Growth". This Summit, together with China-UK Joint Economic and Trade Commission, provides an excellent platform for the two sides to deepen understanding of each other's development strategies and dovetail relevant plans so as to create a better environment for business cooperation.

China has relative low non-performing ratios in issuing green credit as the nation is committed to achieve green development as the nation is gearing toward more sustainable development, he said.