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China would always stand by developing countries and be their sincere friend and reliable partner, no matter how the international situation changed or how China developed, Xi told Biya.

China will publish its second-quarter GDP and June activity data on Monday at 0200 GMT.

China will see faster debt growth this year as credit is expanding aggressively to support economic recovery, but the overall leverage ratio will likely be within a certain range to prevent long-term systemic risks, officials from the People's Bank of China, the central bank, said on Friday.

China's GDP increased 6.9 percent year on year to hit 18.07 trillion yuan (.63 trillion) in the first quarter, beating estimates of 6.8 percent. 

China will increase the number of pilot State-owned enterprises involved in mixed ownership reform in key areas and support the development of the non-public sector, a senior State asset regulator said on Tuesday.