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China will take advantage of the important opportunities brought by the linking of China's Belt and Road Initiative and Mongolia's Prairie Road development initiative to expand cooperation in various fields and people-to-people exchange, he said.

China will strive to make itself more inviting to foreign direct investment and foreign talent by widening market access and improving the business environment, according to a decision made on Friday at a State Council executive meeting presided over by Premier Li Keqiang.

China's appetite for American oil was huge. In April, China bought more than Canada did for the first time. Canada was once the only regular buyer of US crude oil.

China would like to cooperate with Cambodia on key projects related to production capacity, investment and agriculture, which would help Cambodia develop its economy and improve the people's livelihoods, Li said.

China's central bank has suspended open market operations for 15 trading days in a row, citing abundant liquidity in the financial system. [Photo/IC]