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China will advance reforms to make the capital market better serve the real economy. And the capital market will open wider to foreign investors in a steady way and domestic brokerages will expand business overseas, Jiang said.

China on Thursday expressed dissatisfaction to India over the recent crash of an Indian drone in Chinese territory.

China will continue to deepen its cooperation with related parties to promote the role of Authorized Economic Operator agreements and other policy tools to boost trade activities between China and Europe via rail, help companies to resolve issues in both export and import and encourage more companies from economies related to the Belt and Road Initiative to join AEO certification programs, according to the statement.

China will also fast-track allocations of central fiscal funds and enhance capital efficiency to enable social capital to join the effort, according to the plan.

China offers a sustainable and inclusive development philosophy, or development ideas with universal significance and Chinese characteristics, said Ma Yao, a researcher with the Shanghai International Studies University.