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China will take measures to reduce government fees and operating service charges in order to further reduce burdens on businesses and individuals, it was decided on Wednesday at a State Council executive meeting chaired by Premier Li Keqiang.

China will tailor anti-poverty measures to individuals and households to ensure that those most vulnerable to poverty, including the elderly, people with disabilities and people with serious diseases, receive the assistance they need, he said.

China's ban on the importation of several types of solid waste is likely to come into force in March. The move has proved controversial, though, as China is a major market for global recyclables, and some exporting countries, including the United Kingdom and the United States, say it will cause a certain degree of turmoil.

China's central bank, the China Banking Regulatory Commission, and the State Council have all take explicit actions in 2017 to reduce the expansion of debt - especially the mounting indebtedness of state-owned enterprises, said Roach.

China will increasingly coordinate with Kiribati on regional and international issues and protect the legitimate rights of developing countries, he added.