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China must coordinate efforts and policies to stabilize employment, finance, foreign trade, foreign investment, investment, and expectations, Xi said.

China used the negative list system for the first time to conduct negotiations on service trade and investment during the second phase of China-South Korea Free Trade Agreement talks, the Ministry of Commerce said in a statement.

China recorded an increased amount of cross-border capital inflows in the second quarter, which strengthened the currency and stabilized prices of yuan-denominated bonds and shares despite fluctuations in the global financial market, the nation's foreign exchange regulator said on Friday.

China ranked 20th in service trade development globally, taking the top spot among developing countries according to a report by a government think-tank.

China was ranked 14th among more than 100 economies worldwide in the 2019 edition of the Global Innovation Index report, which was jointly released by the World Intellectual Property Organization, Cornell University and several other organizations in July.