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Chang hailed the consensus reached by Chinese President Xi Jinping and his U.S. counterpart, Barack Obama, at the June summit in California on seeking to build a new type of major country relationship based on mutual respect and cooperation as a "strategic choice" aimed at avoiding a repetition of the history of confrontation between an established power and a rising one.

But investors grew more worried after HSBC's release of weak factory production data in China. The Key Shanghai index slumped 2.57 percent on Tuesday.

Starting from June 6, EU imports of Chinese solar products were subject to a punitive duty of 11.8 percent until Aug. 6. After Aug. 6, the duty would have been raised to 47.6 percent if the two sides could not sort out the dispute through negotiations.

Wang made the instructions after listening to drought and flood relief work reports from southwest China's drought-plagued Guizhou Province and northeast China's flood-hit Heilongjiang Province.

The free trade agreement (FTA) that China and New Zealand signed five years ago was the first of its kind that China has inked with a developed nation.