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"China's capital market will be more open toward the rest of the world and welcome quality overseas financial institutions and long-term investors to operate and invest in China," the commission said, adding that domestic and foreign players will share the benefits of the long-term stability of China's economic development.

"Climate change, inadequate governance, insufficient access to technology and an increasing concentration of people living in disaster-prone areas have created a situation that is driving disaster risk upwards, especially in poor and fragile countries," she said. "This poses a critical threat to achieving the United Nations 2030 Agenda and the 17 Sustainable Development Goals."

"China will not close the door to the world but will only create more spaces," the official said in a statement. "Since its entry into the WTO, China has kept its promises on tariff cuts and market opening, stood against protectionism, improved protection of property rights, promoted fair competition and pushed forward economic globalization."

"Chinese corporations investing in Austria and Central and Eastern Europe can certainly trust RBI for granting the best services, especially in the fields of leasing finance, cash management and trade financing, as well as mergers and acquisitions advisory and financing.

"China's economy is on a recovery track as before thanks to several stimulus packages from the Chinese government," Piao Renjin, an analyst at NH Investment & Securities in Seoul, told Xinhua.