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China is already Ethiopia's biggest trading partner, with Ethiopia exporting 4.5 million of goods to China in the first six months of the current Ethiopian Fiscal Year 2017/18.

China has shown every indication that it understands that effective obligation and is doing its part to help these countries resolve their economic challenges.

China has suggested reducing control over fluctuations of the yuan's exchange rate, stepping up efforts to allow the yuan to float freely against other currencies, according to a report by a leading think tank on Saturday.

China is dedicated to peaceful solution of the Korean Peninsula issue through dialogue and consultation, Liu said.

China is expected to have a good harvest this year, with total grain production expected to remain at 650 million metric tons for the sixth consecutive year, despite the impact of COVID-19 and flooding in some areas, according to the Ministry of Agriculture and Rural Affairs.