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"China has a high savings rate. It used to be a huge advantage, but we'll lose that advantage if borrowing grows faster than savings," he added.

"China and the EU are both strong advocates of free trade. Closer collaboration can foster win-win results for both partners and other economies along the Belt and Road trade routes," he said.

"Canadian railway workers refused the work through the impossible terrain of the Rockies. Chinese railway workers, not knowing better of the risks hidden from them, were brought in from Guangdong, China, to build the railway," Choi told China Daily, after he and other NCCC members laid a wreath at the Chinese Railroad Workers Memorial.

"China is increasingly amongst the leaders in global innovation and branding," WIPO Director General Francis Gurry said.

"China and Britain should jointly adhere to multilateralism, safeguard an open world economy, and add constructive forces for stability in the world," Li said during the meeting.