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Dollar said supply-side structural reforms are very essential if China wants to continue growing well, noting that he was particularly impressed by the announcements of advancing the hukou (household registration system) reform and opening up more service sectors in China to foreign investment.

Li highlighted an overhaul of state-owned enterprises (SOEs) as a top priority for supply-side structural reform.

He was speaking during a symposium on Friday, following his visits to the People's Daily, Xinhua News Agency and China Central Television, the country's three major news providers.

Takeshi Uchiyamada, chairman of Toyota Motor Corp., said the company is happy to contribute to the green growth of China. He said he sees a role for Japanese companies as China tries to deal with its environmental woes.

CPC members should strictly follow the Part's code of conduct and safeguard the authority of the leadership and the unity of the Party, he said.