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The UN Security Council unanimously adopted resolution 2270 on the DPRK on March 2 that, in reality, cuts off the country from any means to develop its nuclear and missile programs.

Zhang also demanded adherence to innovative, coordinated, green, open and shared development, which was included in the new Five-Year Plan covering 2016-2020.

China supports India to host a successful BRICS leaders' meeting this year and China, as rotating chair next year, will work with other BRICS countries to promote the economic and political cooperation in parallel, Wang said.

Second, we need to jointly promote economic growth. Emerging economies and developing countries now account for 40% of the global economy. They once contributed up to two thirds of the growth of the world economy, and played a major role in the global efforts to tackle the 2008 financial crisis. But things have been tough over the past two years, as some of them have experienced significant economic slowdown and even negative growth. Asia, which is home to the largest number of emerging economies, has on the whole maintained a strong growth momentum. Last year, the growth of developing economies in Asia reached 6.5% and accounted for 44% of global growth. Therefore, Asian nations should enhance confidence, foster new impetus of growth from within, and stimulate vitality to play a bigger role for economic recovery not only in this part of the world but also globally. It is our hope that countries in the world will join hands to deepen cooperation, form synergy, strengthen macro-policy coordination, oppose trade protectionism of all forms, adopt more growth-friendly policies, and try to avoid the spillover effect of the policy adjustments in certain countries. China proposes establishment of an Asian Financial Cooperation Association, and China stands ready to work with all parties to improve Asia's financial market and prevent massive regional financial turbulence from happening again.

"China always holds that the way to long-lasting peace and stability on the peninsula can be found only through dialogues and consultations," Hua said, urging all sides concerned to resume contact and dialogue as soon as possible.