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"China-Europe cooperation is crucial and important for reducing uncertainties in the current international situation and boosting the confidence of the global community," said Ruan Zongze, executive vice-president of the China Institute of International Studies.

"Credit data suggest some major commercial banks are adjusting their interest rates as the financial sector is tightening measures, which may make home loan applications more difficult," said Yan Yuejin, research director at the E-House China R&D Institute.

"China's efforts to reduce pollution will drive the growth of new energy vehicles, the production and sales of which are expected to reach 15 million units in 2030," said Fabio Schvartsman, CEO of Vale SA, a Brazilian mining behemoth.

"China, bilaterally and through the Forum on China Africa Cooperation, has been undertaking fruitful economic partnership aimed at achieving sustainable economic development in the African continent," the statement quoted Gebeyehu as saying.

"China's service trade has entered a new level, becoming a fresh driving force for the high-quality development of foreign trade and a new engine for promoting higher-level opening-up," Li said.