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China will as always welcome companies from other countries to invest and operate in China, a foreign ministry spokesperson said Wednesday. [Photo/Sipa]

China will accelerate the real economy, build itself into a manufacturer of quality products, while moving its industries toward the medium-high end of the global value chain and fostering a number of world-class advanced manufacturing clusters.

China only meets the first criteria by running over billion of trade surplus with the United States, said Zhu Jianfang, chief economist with the Citic Securities.

China remains the world's largest developing country and will unwaveringly push forward reform and opening-up and manage its own affairs properly, he said.

China needs to open a special market for trading bonds in default. The proposed measure can help inject funds into the corporate financing market and tackle any heightened corporate credit risks. A complex mechanism for the purpose is under discussion, an expert told China Daily.