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China is starting to play a significant role in research and development, as well as design, along with the rise of global value chains, according to David Dollar, a senior fellow at the Brookings Institution's John L. Thornton China Center.

China is attaching great importance to implementing the Made in China 2025 strategy, in a move to bolster its manufacturing competitiveness and bolster the global economy.

China hopes that the US can take a serious attitude about going back to the negotiating table and ensure that negotiations are meaningful, said Lu.

China is ready to work with other countries to advance Belt and Road development to achieve mutual benefits and shared development, he told reporters.

China is now constructing a modern airport system with three world-class airport clusters, 10 international aviation hubs and 29 regional hub airports, together with a number of non-hub airports.