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China is willing to work with Mongolia to set the direction of bilateral ties in a strategic height and from a long-term perspective, consolidate political mutual trust, respect each others' core interests and major concerns, maintain high-level exchanges, strengthen parliamentary exchanges, enhance party-to-party exchanges, and communicate more in regional and international affairs, Li said.

China welcomes all types of enterprises, including foreign ones, to participate in mixed-ownership reform of SOEs, the state assets regulator has said.

China remains the strongest engine of the global economy, as its GDP growth last year is expected to top all major economies and contribute nearly one-third to global growth, a senior official said on Friday.

China plans to issue management guidelines to crack down on commercial bribery and tighten rules on product quality and environmental protection for its centrally controlled, State-owned enterprises operating in overseas markets, the country's top SOE regulator said on Tuesday.

China welcomed on Monday the signing of a cooperation agreement on jointly building the Belt and Road by the Australian state of Victoria, the first Australian state to sign such a deal.