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China will pour more investment into countries and regions related to the Belt and Road Initiative to boost international cooperation in production capacity, a senior official with the nation's top economic planning body said on Friday.

China will see more solid foundation for agriculture, and more balanced development between urban and rural areas and between different regions. The country will also make great progress in developing a modernized economy.

China will firmly carry out reform and opening-up policies at its own pace no matter what pressures the United States exerts on the country, said the Ministry of Commerce on Thursday.China will continue to promote the multilateral trading system and free trade, the ministry added.

China will likely tighten monetary policy next year while increasing policy flexibility to ensure sufficient credit supply and to prevent overtightening from hurting the economy, economists said on Thursday after the US Federal Reserve rate hike.

China will not threaten anyone else, attempt to overturn the existing international system, or seek spheres of influence, no matter how much progress it has made in development, Xi said.