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"Cooperation between China and the island countries is transparent and open," the statement concluded. "No one could deny the positive outcomes delivered by such cooperation with their assumption or imagination. Any attempt to obstruct the development of relations between China and the island countries is doomed to failure."

Noting China's long-time friendship and shared destiny with Africa, Xi said China does not attach any political strings, nor does it seek any privilege or special interest in China-Africa cooperation.

BEIJING, Sept. 12 (Xinhua) -- China will further push reforms that aim to streamline the approval process for companies, a State Council executive meeting presided over by Premier Li Keqiang decided on Wednesday.

He said China will deepen reform across-the-board to build a just and fair market environment in which all domestic and foreign enterprises are treated equal.

The revised individual income tax law states that the minimum threshold for personal income tax exemption will be raised from 3,500 yuan (about 513 U.S. dollars) to 5,000 yuan per month or 60,000 yuan per year.