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Instead of expanding the deficit and relaxing the monetary policy, China will roll out measures focusing on the market, said Li.

Independently constructed and operated by China, the BeiDou Navigation Satellite System has been widely used in many countries and regions. "The system started to provide RNSS (Radio Navigation Satellite System) services worldwide last December," said Gao Weiguang from China Satellite Navigation Project Center.

The recently adopted Foreign Investment Law is designed to provide better protection for foreign investors and make China an even more attractive destination for overseas investment, he said.

This year marks the 40th anniversary of the establishment of diplomatic ties between China and the United States. Li said that history has proved that cooperation is the best choice for both China and the U.S.

China has continuously contributed to the global intellectual property protection efforts by strengthening the rule of law and establishing a sound and healthy judicial environment, experts said.