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China vowed to keep its prudent monetary policy "neither too tight nor too loose" and make counter-cyclical adjustments in a timely and moderate manner. The central bank said in its second-quarter monetary policy report that the country will not resort to flood-like stimulus policies.

China slammed the United States on Tuesday over the latter's poor human rights conditions for Muslims, and said Washington is telling lies about China's policies in the Xinjiang Uygur autonomous region.

China should make renewed efforts to keep the economy afloat as the nation faces growing downward pressure, according to leading economists.

China jumped 15 places to 31 out of 190 countries and regions for ease of doing business in the World Bank Group's Doing Business 2020 study, making it one of the most improved economies in terms of doing business.

China stands ready to work with the world to uphold open cooperation and protect IPR, with a view to delivering the benefits of scientific and technological innovation to everyone.