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China stands ready to maintain a dialogue with the EU over issues including the World Trade Organization reform and to jointly safeguard the rules-based multilateral trade system, he said, adding that Beijing will take part in the multilateral agenda to cope with climate change in a constructive manner.

China plans to expand its high-speed railway network, already the world's biggest, by adding 2,000 km of new lines in 2020.

China will beef up efforts to prevent the proceeds of corruption being sent overseas and to confiscate the ill-gotten funds of corrupt fugitives who have fled the country, according to the Central Commission for Discipline Inspection of the Communist Party of China and the National Commission of Supervision.

China plans to eliminate 100 million to 150 million metric tons of crude steel capacity and 500 million tons of coal in the five years from 2016. The NBS said earlier this month, noting the country had completed its 2017 tasks for capacity cuts in both sectors.

China remained the UAE's top trade partner for three consecutive years from 2014 to 2016, during which the bilateral trade amounted to 1.74 billion.