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The central bank will improve policies to create a more friendly and convenient environment for overseas investors, said PBOC deputy governor Pan Gongsheng.

He said drivers or owners of vehicles with excessive exhaust emissions should be severely punished in accordance with the law and relevant punishment details will be made public.

"Without a harmonious U.S.-China relationship, there cannot be global harmony. As such, both countries need to make the other fully aware what they consider their core interests to be and where those core interests are in conflict, it will be necessary for the two countries to compromise to reach a mutually agreeable accord," he said.

Domestic progress aside, China is also moving closer to the center of the world stage. China hosted the G20 Hangzhou Summit and Beijing APEC economic leaders' meeting, prescribing remedies for global economic governance.

"Transportation connectivity is the founding priority of the implementation of the Belt and Road Initiative," Wu said.