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China has insisted on openness and inclusiveness in resolving the problem of world economic imbalance. This has helped increase the confidence of countries about future economic development, Wang said.

China expressed its "strong dissatisfaction and opposition" to the program unveiled on Tuesday, with Foreign Ministry spokeswoman Hua Chunying urging Tokyo "to adhere to a purely defensive policy".

China has invested more than billion in countries along the Belt and Road routes since 2013.

China cannot be separated from the world in achieving development, and the world also needs China for prosperity. Now, China is speeding up efforts to foster a new development paradigm with domestic circulation as the mainstay and domestic and international circulations reinforcing each other. New mechanisms are being put in place to build an open economy of a higher standard. China will remain committed to a win-win strategy of opening-up. It will seek development impetus from the world and contribute more to the world with its own development. We welcome all parties to capitalize on China's development opportunity and make active endeavors to deepen cooperation with China.

China has also set more than 100 technical standards and substantially reduced the cost of shale gas exploration in Fuling.