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China expects to deepen mutual trust, further promote trade liberalization and facilitation of investment, and to upgrade the 16+1 mechanism for cooperation between China and the 16 European nations during the China-CEE meeting, said Vice-Foreign Minister Wang Chao at a news briefing on Tuesday.

China has increased its investment in renewable energy in recent years as the world's largest energy market continues to shift away from dirty coal power towards cleaner fuels.

China has committed to the Paris Agreement and it would not change due to the pandemic. The high-level financial regulators and economic planners also removed clean coal from green bonds projects taxonomy, a measure which will allow more international investors easier access to the Chinese green bond market.

China has also built a total of 21 economic and trade cooperation zones within the territory of the SCO countries, making contributions to expanding local employment and increasing tax incomes.

China has accelerated its financial opening-up since 2017. Foreign securities, fund and futures firms were allowed to hold a maximum 51 percent stake in joint ventures in China, according to the regulations announced in November 2017. The limit was completely removed on April 1, which would not otherwise have been lifted till 2021.