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China has been working over the last few years to establish commonly accepted industrial standards, which officials say are the "common language" and "pass" for cross-border trade and partnerships in other sectors.

China faces a grim situation regarding drugs, too, Wei said. Chinese traffickers have colluded with foreign counterparts to operate criminal rings, and drug trafficking has become more "intelligent and technology-based".

China has grown by an average of almost 10 percent per annum since the adoption of the reform and opening-up policy almost four decades ago. The results are spectacular: from the rise of China to the second-largest economy in the world to millions of people coming out of poverty.

China has been offering financial incentives since 2010 to stimulate the popularity of new energy cars. Bloomberg reported that the subsidies had cost the Chinese government 59 billion yuan by 2015, and it may need to set aside 83 billion yuan more for 2016 and 2017.

China firmly supports Saudi Arabia's efforts on promoting economic diversification and social reforms and safeguarding its national sovereignty, security and stability, stated Xi, saying that China opposes any moves to interfere in Saudi Arabia's internal affairs.