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China levies its withholding tax at a rate of 10 percent on foreign firms' earnings. However, that withholding tax can be exempted if that profit is put into qualified direct equity investments, including stocks.

China remained ASEAN's largest trading partner since 2009 while ASEAN became China's largest trading partner for the first time in the first half of this year, the statement said, noting that last year the total merchandise trade between the two sides reached 7.9 billion and foreign direct investment flows from China to ASEAN totaled .1 billion.

China will conduct the seventh national population census this year, which will provide authorities with better knowledge of China's population, including its structure and distribution, so it can provide a scientific basis for formulating the next five-year national development plan, Ning said.

China will begin operating a nationally unified medical insurance system next year to directly settle medical reimbursement, including cross-provincial cases, a high-ranking official said on Friday.

China supports Senegal in building capability in counterterrorism, peacekeeping and safeguarding stability, Xi added.