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China is willing to conduct equal dialogues with the U.S. side at all levels and in all fields, and carry out candid, in-depth and constructive exchanges, Wang said, adding that the two sides should strive to seek common ground while reserving differences, and properly handle and manage differences.

Calling for the country to take "a solid first step" in building the new development paradigm in 2021, the meeting also underlined the need to fully tap the potential of the domestic market, and expand consumption and effective investment that are oriented toward improving people's livelihoods.

Xi made the remarks in a phone conversation with German Chancellor Angela Merkel.

BEIJING, Nov. 26 (Xinhua) -- A Chinese military spokesperson on Thursday criticized a Japanese report for making groundless comments on China's national defense and military modernization.

Incentives will be put in place for local banks that provide inclusive loans for micro and small enterprises with a deferred repayment period of no less than six months. The incentives will remain at 1 percent of the loan principal.