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China is willing to develop relations with the United States with goodwill and sincerity, and its policy is "highly stable and consistent", Beijing's top envoy in Washington said on Thursday at an online reception to mark China's National Day, which coincided this year with the traditional Mid-Autumn Festival.

China will continue to cut taxes and step up the reform of the fiscal and taxation system in 2018, according to a national meeting on fiscal work held in Beijing last week.

China reserved more than trillion in foreign exchange assets last year, the world's largest reserves, despite currency depreciation affected by global market volatility and trade tensions.

China maintained stable employment last year, with the number of newly created jobs in urban areas reaching 123.7 percent high as the annual target, amid a moderate economic growth and external uncertainties.

China is willing to continue to play a constructive role, he added.