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"China has established industrial parks - improving infrastructure and the business environment - to reduce transaction costs in them," Lin wrote.

"China has not yet launched a unified framework for regulating systemically important financial infrastructure, but efforts are being made toward this direction," said Yin Zhentao, a researcher at the Chinese Academy of Social Sciences' Institute of Finance and Banking.

"China has a vast domestic market, yet it is also deeply integrated into the global economy. There is much pressure on foreign trade. What is important now is that the many policies that have been introduced will be fully delivered in an effort to achieve the goal we set early this year of ensuring the steady growth and improved quality of foreign trade," Li said.

"China and the EU are each other's opportunity rather than threat, and we are bound by the community of shared future in the globalized world," Wang told reporters after meeting with visiting Netherlands Foreign Minister Stef Blok in Beijing.

"China has accumulated over 30 industrial internet platforms with certain size and commercialized ability. Moreover, more than 630 companies and institutes in fields including manufacturing, automation and internet have joined in the alliance of the industrial internet," he noted.