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China supports Australia playing an active role in the region and on the world stage, she said. In terms of the tension between China and the United States, she added that China expects Australia to bridge the divergence, not the opposite.

China stands ready to work with Germany and the new leadership of the EU institutions to advance the China-EU comprehensive strategic partnership.

China still seeks to foster a stable global environment in order to boost foreign trade volume. The country can enhance its earning strength by promoting traditional industries that have been advantageous via international cooperation in production capacity. It can also seek more growth points in other developed countries.

China will continue to implement a proactive fiscal policy and prudent monetary policy while making policies more forward-looking, flexible, and effective, according to a meeting of the Political Bureau of the Communist Party of China Central Committee on July 31 this year.

China should adopt a systemic approach to prevent financial risks amid a lack of coordination among different regulatory agencies, a central bank advisor said.