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China has tightened its regulation of the country's insurers' overseas financing activities, aiming to reduce their capital leverage and prevent the illegal transfer of onshore assets to overseas markets.

China is also undergoing an industrial restructuring. The tertiary or services sector has become a major pillar and a key driver of economic growth, unlike in the past when manufacturing and agriculture held sway.

China has unveiled a series of opening-up measures to increase imports from CEE countries and promote more balanced trade, Li said at the meeting. These measures included strengthened customs inspection and quarantine, China-Europe express trains, demonstration zones for China-CEEC economic and trade cooperation and an e-commerce logistics hub, he said.

China has the world's largest high-speed rail network. By the end of 2018, the total railway operation mileage reached 131,000 km, five times higher than 1949, while the high-speed railway exceeded 29,000 km, accounting for more than 60 percent of the world's total.

China is ready to continue building key infrastructure with the Pakistani side, and to carry out cooperation on production capacity, Li said.