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China is building a unified credit information platform to pool the information from different government agencies and local authorities and to establish a complete credit record of companies, according to Xu.

China is taking a leading role in building greener economies through the Belt and Road Initiative after rolling out environmentally friendly power projects at home.

China is strongly interested in the project, which would deliver North Slope natural gas to Asian markets, he added. The gas would be shipped down an 800-mile pipeline and super-chilled into a liquid for oceangoing export out of Nikiski. "We are taking steps toward arranging a group of lenders to cover the project's huge financing costs," he said.

China has signed memorandums of understanding with nine African countries on cooperation in Belt and Road construction including South Africa, Madagascar and Egypt, while over 20 other African countries are in talks with China concerning cooperative agreements, said the veteran diplomat.

China has realized the importance of talent cultivation, Zhang said, but she called for efforts to be further increased.