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China is also working on developing infrastructure construction in key fields such as transportation and energy to boost the economic growth amid the mounting downside pressure.

China is also willing to work with France to promote traditional strategic cooperation in nuclear energy, aviation and aerospace, as well as in emerging fields such as digitalization, medicine and health, green development and artificial intelligence, and in jointly opening third-party markets.

China hopes to address the trade dispute with the United States through dialogue and consultation. But if any party insists on starting a trade war, China is ready to take any necessary measures to defend its legitimate interests. [Photo/VCG]

China is Vale's biggest market, with 197 million tons of iron ore and pellets exported to China out of its total production of 343 million tons in 2017.

China has pushed forward efforts to launch the science and technology innovation board which will pilot the registration system, and the market expects the new stock trading platform to be launched around the middle of this year.