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China should enhance fundamental research and seek major breakthroughs, the statement said, calling for an enhanced sense of urgency and crisis.The meeting asked for the establishment of a mechanism to enhance the development of key and core technologies and more targeted planning of related systems and new platforms.

China will continue to be world economy's stabilizer in 2019 with uncertainty in the first half of the year and relatively stable status in the second half, an expert said in Beijing on Saturday.

China will also create a sound business environment, cut red tape, and improve the protection of personal information and intellectual property, the document said.

China produced 94.85 million metric tons of crude steel in August, increasing 8.4 percent year-on-year. Crude steel output in the first eight months hit 689 million tons, increasing 3.7 percent, statistics from CISA showed.

China signed the Joint Statement on Electronic Commerce with 76 WTO members on Friday at an informal ministerial conference in Davos, Switzerland.