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China has tools and confidence to deal with risks and stabilize employment, Meng said.

China is home to 241 million people older than 60. They account for over 17 percent of the country's population, according to National Bureau of Statistics data.

China is planning to raise the ratio of electric cars and plug-in hybrids in carmakers' lineups in coming years, which officials and analysts say will help foster the growth of the burgeoning new energy vehicle industry in the world's largest auto market.

China is ready to work with relevant countries and institutions to safeguard the international systems with the UN at the core and the WTO-centered multilateral trading system to safeguard multilateralism and free trade, promote the liberalization and facilitation of trade and investment, expand common interests and jointly address challenges, Li said.

China has pledged to fulfill its commitment to invest more than  billion in less-developed countries by 2030, Hu said.