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U.S. Treasury Secretary Jacob Lew, who had prodded China to move toward a market exchange rate, said China had committed to reducing intervention in its currency "as conditions permit," the Associated Press reported.

Higgins said the Irish side believed it was very important to advance comprehensive cooperative ties with China and he hoped the two countries could further strengthen cooperation in medical science, modern agriculture and tourism.

"Mongolia is a landlocked country with sparse population, vast territory and abundant resources, while China is the world's second largest economy and is in the process of industrialization and urbanization," said the ambassador.

Racial discrimination is still deep-rooted despite being outlawed in the United States since the 1970s, according to the spokesman.

Li said the global economic recovery faced much uncertainty and instability in the current complicated global economic situation. Developed and emerging economies need to help each other, jointly respond to challenges and consolidate the momentum of economic recovery, he said.