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China regards Brunei as a trustworthy partner and hopes to expand bilateral cooperation during the process of jointly constructing the Belt and Road Initiative, Foreign Minister Wang Yi told Lim Jock Seng, Minister at Bruneian Prime Minister's Office and Minister (II) of Foreign Affairs and Trade, in Beijing on Friday.

China lowered its economic growth targets over the past few years, and even set no target for this year, showing the country is relying less on using GDP to measure success.

China should improve the yuan exchange rate management and shift to a more flexible regime along with in-depth financial opening-up, a leading financial think tank said.

China plans to reduce the tax burden and social insurance contributions of enterprises by nearly 2 trillion yuan this year, according to the report delivered on March 5. Meanwhile, the country has set this year's GDP growth target at 6 to 6.5 percent.

China now leads the world in new energy vehicles development. The Chinese leading electric bus builder and the world's largest manufacturer of rechargeable batteries BYD has mastered the core technical chain of battery, electric motor and electric controlling system in NEVs field, Du Guozhong, head of the company's media relations department, told Xinhua Thursday.