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China and the United States have actively developed a new model for military ties in 2014, featuring new progress in high-level exchanges, institutional exchanges, and joint training and exercises, said Yang.

China is sticking to the combination of a proactive fiscal policy and prudent monetary policy to balance steady growth and ongoing economic restructuring, experts said.

Also on Thursday, the two sides also held their regular consultation between foreign ministries and exchanged views on China-Japan relations and related issues.

Germany and China each have their own strengths in the field of digital economy and the two countries can complement each other through cooperation in this regard, Merkel said.

"We think highly of the new government's statement on Piraeus," said Chinese Foreign Ministry spokesperson Hua Chunying at a daily press briefing on Friday.