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China remains committed to safeguarding legitimate rights and interests, including those of both Chinese citizens and enterprises, she reiterated.

China will also continue to pursue high-quality development, expand the domestic consumption market, boost rural development, promote balanced regional development, accelerate economic system reforms and improve people's livelihood, the meeting agreed. The country will also take measures to support growth of private enterprises and allow foreign companies to operate independently in more fields, the statement said.

China promotes open, inclusive, cooperative, and win-win international cooperation to facilitate better 5G development, Zhang added.

China was one of the first countries to promote electric vehicles when it started to offer subsidies for the sector in 2009. Dozens of electric car startups were set up wishing to ride on the wave of e-mobility, but many failed before rolling out their first vehicles.

China will continue to create more opportunities for the world through pushing forward its economic development, Xi said, adding that China has contributed to more than 30 percent of global economic growth in the past five years.