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China will also help to construct an industrial park covering 300 hectares in its first phase, Li said, adding that having signed the memorandum of cooperation, both sides are hoping to sign an agreement by the end of the year to pave the way for ground to be broken next year.

China received 33,000 tip-offs on environmental violations, issued fines worth 440 million yuan (64 million U.S. dollars) in 8,500 cases, and detained 720 people in more than 800 cases, he added.

China is willing to import more high-value-added Belgian products that cater to demands in the Chinese market, and Belgium is welcome to participate in the second China International Import Expo later this year, Li said.

China needs a super regulator for its present transition. And for its future development, it needs perhaps an even larger regulatory system, headed by an effective, forward-looking larger regulator. The new banking and insurance regulatory commission is expected to play this role.

China ranks second in the world in terms of air passenger and cargo turnover. The country has 32 airports with passenger volume more than 10 million.