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Chinese Vice Premier Wang Yang has said China should have a greater say in developing international trade and economic regulations and standards, so as to push the international economic order in a just, more reasonable direction.

Premier Li called for innovation in financial services, encouraged financial companies to do more to meet the needs of the real economy, and expand their overseas presence as he listened to a report from the financial leasing arm of the Industrial and Commercial Bank of China (ICBC).

Meanwhile, China is also willing to work with ASEAN to advance talks of the Regional Comprehensive Economic Partnership, and discuss exchanges and interactions with frameworks including the Trans-Pacific Partnership Agreement, said the premier.

During his July inspection tour to Xibaipo in Hebei Province, which served as a revolutionary base for the CPC between 1948 and 1949, Xi urged Party members to serve the people wholeheartedly to "ensure the color of red China will never change."

In February this year, ICBC Singapore was designated as the clearing bank for the Chinese currency RMB, the first clearing bank outside the China markets. In March, the Monetary Authority of Singapore and the People's Bank of China agreed to double the size of the bilateral currency swap facility to 300 billion yuan ( 49 billion U.S. dollars).