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China posted a better-than-expected GDP increase of 6.9 percent in the first half of the year, well above the target of around 6.5 percent for the whole year.

China will continue to conduct joint law enforcement operations with other countries targeting IPR violations, including Russia and the US. Customs officials of the EU, Japan and South Korea have responded positively to China's proposal for law enforcement operations, he said.

China unveiled on May 12 the Implementation Plan for the National Ecological Civilization Pilot Zone (Hainan), vowing to continue comprehensive experiments of ecological civilization system reform in the southern island province, aiming to bring about a new pattern of harmonious coexistence of man and nature in China's modernization drive and write a new chapter for Hainan for building a beautiful China.

China sees the mechanism of "16+1 cooperation" between China and 16 Central and Eastern European countries as an important gateway to incorporate the Belt and Road Initiative into the European economy, said Xie.

China should build technological capabilities and explore digital lending options to address the financing problems of micro and small enterprises, experts said.