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China should push forward talent vitalization in rural areas, form a virtuous circle comprising of professionals, land, capital and industries, Xi said.

China will advance the internationalization of the renminbi (RMB) and capital account convertibility in a proactive and sound manner, Yi said, noting a good momentum for RMB's internationalization at the moment.

China welcomes more countries to participate in the development of the country's intelligent connected vehicles sector, including activities related to technology, manufacturing, talent and safety supervision, according to the Ministry of Industry and Information Technology.

China once had hundreds of such companies, but many failed to profit as authorities focused on electric vehicles.

China will also stick to the principles of consultation and joint construction with other countries while combating transnational business bribery in a bid to create a regulated business environment under the rule of law.