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Xi said China has put off debt repayment totaling over 1.3 billion U.S. dollars, pledging that the country will strengthen measures on debt suspension and relief for countries with particular difficulties.

The company now provides packaging services for foods ranging from coffee and juice to tomato paste. It serves customers in China and other parts of Asia.

He also hoped that the OECD would continue to make full use of its advantages and promote robust, sustainable, balanced, and inclusive development of the world economy.

"Commercial endowment insurance shall be vigorously developed. In the past few years, new industries and new business models have emerged as China deepens reform of government functions and encourages entrepreneurial and innovation activities nationwide," Li said.

Those at the meeting also decided that the inclusive credit loan support program will be extended from the end of this year as appropriate. Concessional financial support at 40 percent of the loan principal will continue to be given to eligible local banks for their issuance of inclusive credit loans to micro and small enterprises.