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China on Thursday demanded from Canada and the US the immediate release of Huawei chief financial officer, Meng Wanzhou, and a clarification of the reasons for detention, Foreign Ministry spokesman Geng Shuang told a daily news conference.

China opened its first internet court in Hangzhou, capital of east China's Zhejiang Province, in August last year to cater to the increasing number of online disputes.

China maintains that the 16+1 cooperation is an important part of China-EU relations, supplements China-EU relations and gives a specific drive to China-EU cooperation, he said.

China still has space to boost economic growth by using monetary tools, a former central bank official said, and advisers are calling for more measures to prevent external shocks arising from possible "financial decoupling" with the United States.

China plans to adopt an "all-around" supervision program covering all phases of outbound investment, with more steps to fill a policy void and further facilitate legislation in the pipeline, according to the nation's top economic regulator.