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China hopes next week's conference between Beijing and Brussels will help make bilateral relations more productive and substantive by seizing opportunities and addressing challenges, according to the top Chinese diplomat to the European Union.

China is set to continue its strong growth this year and is on course to become a "moderately well-off society" by 2020, according to experts.

China is hoping that the G20 Summit will play a similar role to the one in London in 2009 — which produced a concerted response to the global financial crisis — and steer the world away from a path toward protectionism.

China is actively promoting a transformation toward digital and smart banking based on the development of blockchain, cloud computing, artificial intelligence, big data and the fifth generation of wireless network technology.

China is seeking innovation and entrepreneurial talent in Europe to help take its economy to a new level.