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Reform will be deepened in interest rate and foreign exchange markets while inclusive finance will be promoted.

"The Belt and Road Initiative has become the largest global cooperation platform and the most popular global public good. How could it achieve such great progress if there is as high a risk as some say?" Geng said.

However, as Chinese companies are going increasingly global, a sentiment of suspicion is growing in some Western countries, and occasionally, Chinese investments are still unfairly rejected and smeared as being opportunistic and merely geared towards short-term profit.

It is "unacceptable" that the U.S. side insists on unfairly imposing the most severe penalty against ZTE, even before the completion of an investigation, the statement said.