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"China is moving to a more balanced growth model, a more consumer-driven growth model," said Joachim von Amsberg, the Asian Infrastructure Investment Bank's vice-president of policy and strategy.

"China Mobile will continue to promote the healthy development of VR ecosystem and promote VR to play a greater role in unlocking the new 5G consumption potential and fostering a new economic growth pole," Jian said.

"By setting up a plant in Belarus, the company is able to access the Eurasian Economic Union market," said Hu Haihua, general manager of Sino-Belarusian engine manufacturer MAZ-Weichai, in a previous interview with China Daily.

"China now has more than 1,200 coal mines with annual production capacity exceeding 1.2 million tons, accounting for more than 75 percent of the country's total coal capacity", Jiang said.

"China is working to improve flexibility of the renminbi exchange rate while maintaining the rate at a stable equilibrium. And we have successfully avoided competitive depreciation against other major currencies," he said.