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China's stance is expected to inject fresh impetus into efforts for economic development in BRI economies. Green BRI is also part of China's broader efforts to promote high-quality development. High-quality infrastructure construction will greatly improve environment and lead to high-quality economic growth, experts said.

China, still a developing economy, remains in the middle of industrialization and boasts an enormous, promising market, Xiao said, adding that there could be much improvement in manufacturing, innovation, urban-rural coordination, and people's livelihoods.

China's software and IT services reported steady revenue and profit increases last year, official sources said.

China-Vietnam ties are essentially the relations between two socialist countries under the leadership of communist parties, Song said.

China's vehicle market may see a fall of up to 10 percent this year, following a 2.8 percent dip in 2018, said a senior executive at the country's leading industry association on Saturday.