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China's capital market has been increasingly favored by global investors, including US companies, in recent years. This reflects the confidence of international investors in China's economic growth and their recognition of the deepening reform and opening up of the country's capital market, said the spokesperson.

China will foster a better business environment for multinational companies by further lowering tariffs and scrapping all kinds of non-tariff barriers, Han said, adding that China is willing to strengthen exchanges and cooperation in innovative and intelligent manufacturing, green development, global governance and other areas.

China's GDP registered a 6.9 percent year on year increase in the first quarter thanks to warming trade and robust consumption, which prompted a number of financial institutions, including the International Monetary Fund, to upgrade their forecast.

China's AI industry is expected to reach billion by 2022, according to a report released Sunday by the Chinese Institute of Electronics.

China will step up coordination and communication with relevant countries to ensure unimpeded international cargo transport and open more "fast lanes" that facilitate business exchanges between countries, he said.