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China believes consultation based on respect, equality and mutual benefit is the effective way to resolve trade disputes, and any unilateral threat or blackmail will only cause damage to the interests of all parties, according to the ministry.

China believes that its cooperation with the bank and Latin American countries won't be disturbed and it is still confident about strengthening the future cooperation, he added.

China has never heard of any country having a security problem from working with Huawei Technologies Co, Foreign Ministry spokesman Lu Kang said on Monday, after a top executive of the company was detained in Canada.

China believes that the Central Asian nations are committed to developing friendly relationship with China and jointly cracking down the three evil forces of terrorism, separatism and extremism, and the determination will not be compromised by anti-China forces, he said.

China has one of the world's largest coalbed methane reserves, ranking third only after Canada and Russia. The country's average gas content per metric ton of coal is also high.