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China has been launching supportive policies to reduce the tax burden for photovoltaic companies for years. In 2013, the government started a 50 percent VAT tax refund, which can be redeemed when photovoltaic power generation companies pay their taxes.

China has held 29 such dialogues with the European Union, the United States, the United Kingdom, Germany, Switzerland, the Netherlands, Australia, New Zealand and other Western countries. China-US Legal Exchange and China-Australia Human Rights Technical Cooperation were also carried out. These efforts have deepened exchanges among government departments, judiciaries and academic groups, enhanced mutual understanding, effectively managed disagreements and offset the disturbances inflicted by the US, other Western Countries and anti-China elements under the pretext of human rights.

China has been Russia's top trade partner for eight consecutive years, and Russia is China's largest source of oil and electric power imports and one of China's major coal import sources, according to Zhang Hanhui, assistant foreign minister and former ambassador to Kazakhstan.

China ceded the position to Japan as the biggest foreign lender to the US government last October as the country had spent a portion of its massive foreign exchange reserves to stem the depreciation of the yuan and to curb capital outflows.

China attaches great importance to developing relations with South Africa, and is willing to work together to deepen friendly cooperation in various areas and promote the comprehensive strategic partnership, Hua said.