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The creation of Xiongan New Area is a major historic and strategic decision that will be crucial for the millennium to come, and President Xi Jinping has been directly engaged in the planning process, Zhang told Xinhua.

"China can also be helpful in Trump's ambitious infrastructure construction," he said.

The government will relax entry controls for banks, securities brokerages, and futures and insurance companies, and lift restrictions in rail transport equipment manufacturing, motorcycle production, fuel ethanol, and oil and fat processing.

So far, international institutions and companies as well as foreign governments have issued a total of 68.7 billion yuan of bonds denominated in yuan or special drawing rights, PBOC data show.

He said China has accumulated rich experience in technological innovation on infrastructure projects and is open to share such experience with other developing nations.