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China will try its best to promote infrastructure connectivity, since that is the foundation of international cooperation and development, President Xi Jinping said while addressing the opening ceremony of the Belt and Road Forum for International Cooperation on Sunday.

China's central bank on Thursday left interest rates for open market operations unchanged by fixing the rate for seven-day reverse repos — money sold and quickly bought back — at 2.45 percent, with the 14-day tenor, or payment time, at 2.60 percent and the 28-day tenor at 2.75 percent.

China's ability to ensure power supply has also improved in the first three quarters of this year, according to Song.

China's Belt and Road Initiative (BRI) presents immense economic opportunities for US businesses, which should take advantage of them by participating in the international effort, experts said.

China will strengthen intellectual property rights protections, as they are the centerpiece of the system for improving property rights protections and the biggest boost to enhancing competitiveness of the Chinese economy, President Xi Jinping said on Tuesday.