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Corporate income tax and value-added tax on foreign institutions' interest gains from onshore bond market investments will be exempted for three years as an effort for greater opening up and further attract overseas capital, the meeting decided. Export rebate rates for some products will also be improved.

He noted that recent years have seen notable headway in SCO connectivity building: better railway infrastructure along the routes of the China-Europe freight train service, more sophisticated intra-region cross-border road networks, and a number of oil and gas pipelines.

On the Syrian crisis, he said, political settlement remains the only right and viable way to resolve the issue.

Situated on the world's largest landmass which houses more than two-thirds of the world's population, Asia and Europe share common ground for free trade and multilateralism because of their geographical advantages and demand for further development.

BEIJING, Sept. 18 (Xinhua) -- China will roll out new measures including cutting customs clearance time, streamlining port services and improving the export tax rebate policy to increase opening up and facilitate the steady growth of foreign trade, the State Council's executive meeting chaired by Premier Li Keqiang decided on Tuesday.