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China welcomes more German enterprises to expand investment in China and also hopes Germany will provide a fair business environment for Chinese investors and businessmen, Li added.

Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks in a written instruction to the opening ceremony of the 2018 World Life Sciences Conference (WLSC) held in Beijing.

More than 3,600 companies from different countries will hold discussions and seek common development with purchasers from China and overseas. Guests will also exchange views about major issues concerning international economy and trade and global economic governance, Xi said.

"On behalf of the IMF, I have called on all countries to de-escalate and resolve the current trade disputes and to fix the global trade system, not destroy it. To achieve these goals, we need more international cooperation, not less -- and that goes well beyond economics," she said.

Xi demanded the implementation of policies and measures in six aspects to create a better environment for the development of private enterprises and address their difficulties.