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"By making this adjustment, the regulator hopes that banks will fully expose their non-performing loans and truly disclose their risk situation with more accurate capital adequacy ratios and coverage ratios of allowance for loan impairment losses to NPLs. It will be favorable for them to write off and resolve bad assets," said Xiong Qiyue, a research fellow at the Institute of International Finance at Bank of China Ltd.

"China never pursues a trade surplus with any country, and the rapid development of Sino-US economic and trade ties over the past decades since the establishment of their diplomatic ties has proved that their cooperation is highly complementary and relatively balanced," the premier said.

"China is a country that has suffered colonialism by Japan as well as the British, so, it cannot be associated with new colonialism. This allegation is not coming from Africans or their leaders but elsewhere. It's not a correct narrative," Oqubay said.

"China is such an innovative country, we need to invest more here and some of the innovations in China can later work in other countries. There will be more technology innovation going from East to West.

"By 2040, Shanghai's container capacity will reach 45 million TEUs, or 20-foot equivalent units, and the airports will handle more than 180 million passenger trips with more than 40 percent being international passengers," Ying said.