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China will continue to promote entrepreneurship and innovation to develop new growth engines for sustainable and healthy economic and social development, Li added.

China lowered its economic growth targets over the past few years, and even set no target for this year, showing the country is relying less on using GDP to measure success.

China is willing to further promote capacity cooperation under the principle of mutual benefit and environmental friendliness with SCO member countries in areas of infrastructure, processing and manufacturing, energy exploitation and agriculture, Li said, adding that capacity cooperation contributes to industrialization and urbanization. He said China will continue to support more of its advanced equipment and high quality production capacity going overseas.

China launched a campaign to remeasure the height of Qomolangma－known in the West as Mount Everest－in late April. After two failed attempts due to poor weather, the surveying team successfully reached the summit of the world's highest peak at 11 am on May 27 and remeasured its height.

China provided the first shipment of materials and equipment on Wednesday as urgent assistance to the Philippines, Wang said.