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Valin made 4.12 billion yuan in net profit in 2017, one of the largest among listed steel companies. This was a sharp contrast with a loss of over 1 billion yuan in 2016 and nearly 3 billion yuan in 2015.

"China has done a very strong job of addressing health inequality and poverty over the past decades. What we'd like to see is the innovation of China not only continues to help with all the domestic things, but also benefits other developing countries," Bill Gates said Tuesday in an interview with Xinhua.

Both sides highlighted the importance of the BCM as a consultation mechanism that would continue to contribute to the stable growth of bilateral relations.

In the current complex and ever-changing international situation, China stands ready to join forces with France to enhance strategic communication and coordination, dedicate to safeguarding and improving the existing international order and system of global governance, uphold multilateralism, and promote multi-polarization and economic globalization, so as to build an open global trade system, he said.

Increased transparency will ensure that resource distribution in public welfare is more just and fair and conducted in an atmosphere of greater public concern, with more public support and participation, according to a guideline publicized Monday by the General Office of the State Council.