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China is working hard to build a more integrated global community. Sei, who is also a nonresident scholar with the Shanghai Institute for International Studies, said the Belt and Road Initiative is a clear example of this as it aims to promote tighter economic ties worldwide that are mutually beneficial for all.

China topped the world in terms of installed capacity of nuclear power units under construction in 2019. By the end of 2019, China had 13 nuclear power units under construction, with the country's independent research and manufacturing continuing to increase, the blue book said.

China remains an important market with valuable business opportunities for companies, despite uncertainty due to the ongoing US-China trade dispute, according to the Business Confidence Survey.

China takes FTAs as a platform for opening wider to the world and an effective approach to integrate into the global economy and strengthen cooperation with other economies.

China must prepare more measures to counter new trade moves by the United States if the two parties fail to reach an agreement during bilateral economic and trade talks in Beijing later this week, economists said on Monday.