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Since 2015, the government has introduced a host of incentives to push the mass entrepreneurship and innovation initiative to a higher level and wider scope.

Stating that the process of reform and opening-up will see China further align its domestic rules with international practices and seek development synergy with the rest of the world, Li said the Netherlands and other countries are welcome to share in China's development opportunities.

The metal stent is 86 microns thick, which is roughly the diameter of a human hair. It contains drugs in micro grooves engraved by lasers on the surface, which prevents the drug from leaking during the transportation of the stent.

Meanwhile, he said, involved countries should also enhance "soft connectivity" of systems, policies, rules and standards in order to stimulate vigor of elements such as capital, technology, services and data.

"We should respect the development path chosen by each country and the right of all countries to pursue a better life and development space," he said.