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China did not and will not use exchange rates as a measure to cope with trade disputes, and the United States labeling the country as a "currency manipulator" is inconsistent with the quantitative criteria set by the US Treasury itself, the central bank said on Tuesday.

China has also made it clear that the country views all companies, both Chinese and foreign, as equals. With the full protection of the companies' legitimate rights and interests, China welcomes fair competition among them.

China expects that German people can place themselves in China's position, and better understand Chinese people's pursuit for national unity, the spokesperson concluded.

China has also strengthened international counterterrorism cooperation, which contributes to regional stability and promotes development of human rights in a number of countries, Shu said.

China has been advancing SOE reforms, including mixed-ownership reform and corporate reform, to inject vitality to a large number of previously underperforming enterprises.