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China's benchmark Shanghai Composite Index managed to edge up 0.02 percent to close at 2,603.8 on Thursday, despite plunges on overseas bourses led by Wall Street. [Photo provided to China Daily]

China will not threaten anyone else, attempt to overturn the existing international system, or seek spheres of influence, no matter how much progress it has made in development, Xi said.

China's capital issued a yellow alert for heavy air pollution starting from Saturday at noon due to local pollution accumulation and regional pollution transmissions, Beijing Daily mobile app reported Friday.

China will stick to its prudent monetary policy, strengthen financial regulatory coordination, improve its ability to handle risks, better guide the financial system to serve the real economy and safeguard national financial security, the report said.

China will speed up the process to shorten negative lists, which identify sectors where foreign participation is restricted, continuously widen the market access to foreign investment and revise the catalog of industries in which foreign capital is encouraged and increase the number of encouraged items, Ye Wei, deputy director-general of the Ministry of Commerce's Foreign Investment Administration, said last week.