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"But the yuan is not heading for any major appreciation," Yang said, citing the regulators' policy stance of further improving the exchange rate regime and "keeping the renminbi exchange rate generally stable at an adaptive and equilibrium level".

"China and France can jointly take part in the BRI construction, especially in expanding third-party markets, through which they will be able to complement each other and find more space for cooperation," he said.

"But what's happening in New York, a place I love — I love New York. Look at what's going on over there. The woman who was shot because she said, 'Could you please not light off firecrackers?' And they turned around and shot her eight times and she died. That's not our civilization, that's not about us," he told reporters.

"China has reduced tariffs on goods such as cars and daily necessities since the beginning of this year, and is working with countries around the world with an opener attitude, said Li Xunlei, chief economist of Zhongtai Securities. "These all provides a good external environment for the high quality development of Chinese economy," he added.

"China is facilitating global trade through the Belt and Road Initiative. What we have seen in the trade frictions between China and the US is a negative side where people say global trade causes problems. You need certain rules to the game so that both sides of trade feel they benefit," he said.