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Ngendahimana said the BRI contributes to economic cooperation and economic development, which is the best way to prevent conflicts and a driver of modern international relations as well.

China, in good faith, believes that cooperation and consultation are the best choice for both sides. The U.S. side must address the urgency of meeting China halfway to reach a mutually-beneficial trade deal on the basis of mutual respect, as soon as possible.

A total of 12 new rules will be released soon on the basis of profound research and evaluation, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission told Xinhua in a joint interview, adding that China's financial opening-up efforts have already drawn a positive market response.

"This does not imply a lower standard of supervision, but rather an emphasis on the foreign banks' capability, quality and benefits," said Xiao.

In the latest WEO report, it projected a 6.1 percent growth rate for China in 2020, slightly down from the previous estimation of 6.2 percent.