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"China is committed to fostering an open world economy and upholding the WTO-centered multilateral trading regime," he said, stressing that China is committed to making globalization "more open, inclusive, balanced and beneficial to all."

"China is not the enemy," Jeffrey Sachs, a professor at Columbia University, wrote in an opinion column published by CNN. "It is a nation trying to raise its living standards through education, international trade, infrastructure investment and improved technologies.

"China had a better environment for innovation in 2017, with increased investment and output as well as improved effects," the NBS said in a statement.

"China expects this year's meetings to focus on East Asia cooperation, jointly safeguarding multilateralism, maintaining free trade and international rules, and promoting regional economic integration."

"China is the only economic power in the world expected to realize growth in the world in 2020," the newspaper said, citing the latest World Economic Outlook update by the International Monetary Fund, adding that the public opinion in the international community widely backed such inspiring confidence.