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"We will press ahead with the reform of the RMB exchange rate formation mechanism in line with the principles of independence, gradualism and controllability, enhance communication with the market, and keep the RMB exchange rate basically stable at an adaptive and equilibrium level," he said.

At a meeting of the Chinese People's Political Consultative Conference (CPPCC) National Committee, presided over by chairman Yu Zhengsheng, senior political advisors studied President Xi Jinping's speeches at a meeting on clean governance in December and a session among anti-graft authorities held earlier this week.

Schedules are usually tight for Chinese leaders near year-end, and Xi's attendance highlights China's readiness to share its Internet governance experience and learn from the international community.

Describing the two-child policy as "a good deed that benefits people's livelihoods and the future," Li noted that the policy is a significant move to balance population growth and respond to people's wishes.

A Ministry of Commerce official described the acceleration strategy as a "necessary choice" for China to adapt to global economic trends, deepen reforms and foster a more open economic framework.