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China will continue fulfilling its territorial rights and interests and safeguarding its territorial sovereignty in accordance with border treaties and agreements concerned, Hua said.

China should keep exports stable while at the same time further expand imports, according to the guidelines, which were approved and released by the State Council.

China ranks 28th among the world economies, 15 places ahead of the Russia, 32 places ahead of South Africa and some 40 places ahead of both India and Brazil, showed the 2019 Global Competitiveness Report by the WEF.

China saw its energy consumption structure further optimized last year with an increase of clean energy, including natural gas, hydropower, nuclear power and wind power, according to an industry report released by the institute at the end of April.

China launched the Belt and Road Initiative very seriously and with massive plans that would reach a larger part of the world, said Nourhan el-Sheikh, a professor of political science at Cairo University.