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China seeks to address the concerns of all parties in an all-out and balanced approach and push for the peninsula's lasting peace, and Japan is expected to play a constructive role in this also, Xi said.

China sees Europe as a significant part of the Belt and Road Initiative, said analysts. Following the second Belt and Road Forum for International Cooperation in Beijing in April, seven European countries were set to endorse the BRI, according to a communique. Italy signed a BRI agreement with the Chinese government. Greece has also tightened its BRI relationship with China.

China put forward its dual-circulation development pattern in May, which takes the domestic market as the mainstay while letting internal and external markets boost each other.

China stands ready to continue to provide Pakistan assistance to the best of its capacities, he said.

China will accelerate cuts to the negative list of foreign investment access to the country and pilot free trade zones, said the Ministry of Commerce on Friday.