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China is in no rush to take policies in interest rate cutting and quantitative easing, and the monetary policy will remain prudent, Yi said.

China implemented the Foreign Investment Law in January, shortened its negative lists for foreign investment and introduced a number of policies to further optimize its business environment for global investors.

China has witnessed steady growth in a number of major indicators for science, technology and innovation capability in the last five years, and the country will continue to implement an innovation-driven development strategy as it strives to become a global powerhouse in these fields, officials said on Wednesday.

China is confident it can fulfill last year's pledge to import trillion of goods in the next 15 years despite challenges from a slowing global economy, a senior official said over the weekend.

China has set 2020 as the target year to eradicate absolute poverty. The ministry urged more efforts in tapping the cultural and tourist resources and making new achievements in poverty reduction.