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China would like to work with the African partner in consolidating the promising momentum for a comprehensive and fast development of bilateral cooperation, Li said.

China will expand the pilot regions for more convenient trade settlements and improve the management framework for cross-border capital flows for better protection against external shocks, according to a statement on the SAFE website.

China will improve the revision work of the central bank law in 2020, and strengthen legislative work in key areas such as taming illegal financial activities, said Wang Jingwu, head of the Financial Stability Bureau at the People's Bank of China, the central bank, in an interview.

China will steadily promote opening up in the capital account, support interconnectivity and two-way opening up of the financial market and boost the liberalization, facilitation and high-quality development of trade and investment, the top forex regulator said at a work conference for 2020.

China will reduce its highway cargo volume as it adjusts its transportation structure to reduce pollution, an official with the Ministry of Transport said on Monday.