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China is ready to work with Singapore to further cement political mutual trust, better connect development strategies and deepen the Belt and Road Initiative cooperation, so that China-Singapore relations will keep breaking new grounds in the years to come, he added.

China is now GE's largest single country market outside the US, and the most important driver of growth.

China is capable of maintaining financial stability and will strike a proper balance－reducing leverage rates while sustaining economic growth－and the government's top priority will be preventing financial risk, Premier Li Keqiang said on Sunday.

China has pledged to stay committed to further opening up, with measures including the establishment of a sound negative list management system in cross-border service trade, and promoting open platforms for piloting innovative development of trade in services.

China has spared no efforts to carry out supply-side reform and fight against financial market irregularities by better regulating high-risk institutions to make overall risk manageable, officials of the China Banking and Insurance Regulatory Commission said on Thursday.