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China has offered a great number of materials for the African Union and African countries to fight the disease, dispatched medical teams to Africa and initiated technological exchanges without any reservation, Xi said.

China consumed 280.3 billion cubic meters of natural gas in 2018, up 18.1 percent year-on-year, while it also aims to increase the share of gas in its energy mix from the current 7.8 percent to 10 percent of the nation's primary energy demand by 2020, according to the National Development and Reform Commission, the nation's top economic regulator.

China has lodged "solemn representations" to the US about the issue, Geng said.

China has been revamping its massive State-owned businesses through mergers and acquisitions, industrial upgrading and innovation. In September, the central government launched its largest private equity fund, worth 350 billion yuan, to finance SOE restructuring.

China has adopted vigorous and effective policies and measures in this aspect.