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China on Friday released a revised guideline for commercial banks on the issuance of preferred shares to replenish Tier 1 capital, banks' core capital that includes equity capital and disclosed reserves.

China now contributes to more than 13 percent of DSM's global revenue. Zhou expects the percentage to rise further as the country has become not only a key market and production base but an innovation hub for many multinational corporations. What is more, Chinese consumers are attaching more importance to health and nutrition.

China welcomes high-quality, competitive US products in the Chinese market, the ministry said, reiterating the economies of the two sides are highly complementary, and bilateral trade has vast potential to improve.

China will continue to expand cooperation, push to create a community of shared future for mankind and build a peaceful, safe, prosperous, inclusive and beautiful world, he said.

China led the growth with sales revenue of 158.52 billion yen, accounting for 18.7 percent of the company's total revenue.