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China has promised that the vaccines it is developing will be made a global public good and provided to other developing countries on a priority basis. China has further extended debt relief to countries hit hard by the pandemic in response to the G20's initiative on debt relief for developing countries.

China is currently the biggest crude importer worldwide with a foreign oil dependency ratio of as high as 72 percent. The country has also been stepping up efforts in oil and gas reserve construction in recent years to ensure energy security.

China is playing a great role in fighting AIDS, UNAIDS Executive Director Michel Sidibe said Tuesday at the United Nations headquarters after his report on the latest progress of the agency's struggle against AIDS.

China has very tight policies on approval of GMO products that can be sold for consumption. Most approved GMO products available on the domestic market are imported, Wang said.

China hopes the meeting between the two sides will achieve positive results.