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Wang said this year marks the 25th anniversary of the establishment of China-Palestine diplomatic relations. During Palestinian President Mahmoud Abbas's visit to China in May, Chinese President Xi Jinping put forward a four-point proposal for resolving the Palestinian issues and the two leaders reached important consensus on the future development of bilateral relations.

The two countries' central banks also signed a currency swap agreement, the first of its kind between China and major developed economies, worth 20 billion pounds (about 32 billion U.S. dollars).

Differences and disputes should be properly handled through equal-footed dialogue and friendly consultation for the overall interests of bilateral ties and regional stability, he said.

"Officials at all levels are forbidden to overstep the limitations of laws, to abuse their power, or to bend the law for personal gain," Xi said.

Kazakh newspaper Kazakhstan Business believes that China has set for itself the path for the upcoming decade, saying the reform-related decisions taken at the plenum will boost the confidence of the world's major financial markets.