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China will stick to its path of socialism with Chinese characteristics and deepen reform and opening-up, he said.

China's SOE numbers are down from 117 five years ago with the restructuring of central SOEs to improve efficiency and competitiveness. Reforms included changing shareholding structures, spinning off noncore assets and boosting innovation.

China's GDP growth picked up to 6.9 percent in the first half of this year, up from 6.7 percent in the same period of 2016.

China will further advance cooperation with member states of the Association of Southeast Asian Nations, champion multilateralism and free trade, and safeguard world peace and development while upholding the concept of community with a shared future for mankind, Premier Li Keqiang said.

China's CO2 emission per unit of GDP dropped by 26.2 percent from 2011 to 2016 and the country is on course to cut emission intensity down to 40-45 percent below 2005 level by 2020, and further to 60-65 percent lower than 2005 by 2030, when overall carbon emission of China peaks.