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Liu, president of the school and a member of the Standing Committee of the Political Bureau of the CPC Central Committee, presented diplomas to 554 graduates of the 2016 spring semester.

At the end of 2014, China had 70 million people in the countryside living below the nation's poverty line of 2,300 yuan (about 354 U.S. dollars) in annual income. China aims to eliminate poverty by 2020 when its 13th Five-Year Plan is completed.

The vice premier also expressed the hope that the two countries could maintain high-level exchanges to discuss possible coordination of development strategies such as China's 13th Five Year Plan for socioeconomic development in the 2016-2020 period and initiative on the construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and France's "Industry of the Future" plan, as well as deepen cooperation in nuclear power, aviation and sustainable development.

It is the economic fundamentals instead of the rating that will have the decisive role on the economy and the financial market, said Shi, adding that the trend of China's economy toward growth and expansion has not changed.

"Advancing the Belt and Road initiative, which needs convenient environment, will provide big momentum to achieve peace in the region," Wang said.