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China should speed up economic restructuring, cultivate new growth drivers and update traditional industries, so that Chinese industries will move to the medium-high end of the value chain.

China spoke positively of related parties' efforts in making the meeting a success, and "it is also the common appeal of the international community", the statement said.

China launched its Fengyun 2H satellite, the last in the Fengyun 2 series, on June 5, greatly improving weather forecasting accuracy and enhancing its capability to provide better meteorological services to countries participating in the Belt and Road Initiative, including SCO countries.

China revised its national economic industry classification in 2011, and has not updated it since.

China to date has established trade in services ties with more than 200 countries and regions, and set up collaboration mechanisms for trade in services with 14 countries, including Brazil, Argentina, the United Kingdom, Germany, India, Japan and Singapore, according to the ministry. Services imports from these 14 partners added up to 8.8 billion between 2017 and 2019, with an average annual growth of 8.4 percent, which is notably higher than the average annual growth rate of China's total services imports of 3.5 percent during the same period.