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Cooperation is the only right choice for the two sides, but it has to be based on principles, said the vice premier, who heads the Chinese side of the China-U.S. comprehensive economic dialogue.

Monetary policies should not be too loose or too tight, and should be pre-tuned and fine-tuned in a timely manner in accordance with economic growth and consumer price changes, so as to increase financial support for real economy.

Plenkovic welcomed Li on the visit and said Croatia stands ready to strengthen the understanding of China's history and culture, share China's development opportunities, support the building of the Belt and Road so as to benefit the two countries and peoples.

He said China had always pursued a right approach to justice and interests by putting justice before interests, and given selfless help to African countries when it was still very poor.

"We believe that this round of new measures will significantly enhance the openness and marketization of the banking and insurance sectors," Xiao said.