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China will beef up pragmatic cooperation with Western countries and encourage them to sign bilateral extradition treaties or agreements on mutual assistance in criminal cases to help combat cross-border organized crime activity, including apprehending fugitives and recovering their ill-gotten assets.

China may see an increasing number of mergers and acquisitions among small and medium-sized commercial banks, as the country ramps up efforts to mitigate financial risk while divergence in banks' asset quality and financial performance has intensified, experts said.

China sent the first batch of medical assistance to Afghanistan on April 2, which included ventilators, protective clothes and face masks.

China might be known as the world's biggest exporter of tea, but other genres of beverages have been enjoying a growing presence in overseas markets in recent years-wine and spirits.

China will continue to shoulder its duty as a responsible big nation and has carried out “sacred missions” given by the UN to protect civilians, supervise human rights, provide humanitarian aid and create favorable conditions for lasting peace, Yang said.