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China has established bilateral cooperation mechanisms on service trade with 14 countries, endowing the country with a more diversified service trade market, said Wang.

China has become Spain's largest non-EU trading partner. Bilateral trade volume rose from 12 million U.S. dollars in 1973 to a record 30.9 billion dollars in 2017.

China attaches great importance to infrastructure and the business environment before building economic zones. "Attracting foreign investment and promoting local employment are also high on its agenda," Huo said. "Many Africans believe that these experiences are worth learning."

China faces less pressure from capital outflows, according to data released by its currency regulator on Thursday, and economists said the situation may continue to improve in the second half of this year.

China has always attached importance to Europe and pursues a positive policy toward the continent, he said.