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The statement said that China's economy is currently heading in the desirable direction set out in the country's macroeconomic regulation.

Since Guo took the job, the CSRC has launched a series of reforms such as improving the delisting system for companies listed on the second board, requiring listed companies to pay dividends and working to eliminate illegal activities in the stock markets.

In the first quarter of 2012, more than 3,300 companies, compared with about 1,100 companies in the same period last year, obtained ECFA-related business qualifications. More than half of them had no business history with the mainland, it reads.

The G20 financial meeting discusses how to strengthen the support mechanism of the International Monetary Fund (IMF) against the eurozone debt crisis.

"We expect that, through this visit (of Xi Jinping), the two countries could further our traditional friendship, promote practical cooperation, and people-to-people communications, push our bilateral relations to a higher level, and promote China Europe relations," Luo said.