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"By liquidizing remnant assets, these companies reduced around 20 percent of financing through traditional approaches and saved a total of 500 million yuan in interest (payments)," Zhang said.

"Carpool services are part of the shared economy. It is hard for government to strictly oversee it," Zhu said, suggesting that any management should be modest.

"China is willing to provide all the assistance we can for the Philippines' disaster relief work, and we believe that people in the storm-hit areas can overcome difficulties and rebuild their hometown under the leadership of the Philippine government," Hua said in Beijing.

"China boasts a world-class education system. The country offers ample opportunities for foreign students, so we launched a Chinese language course at our university in order to make these opportunities more accessible to our students," he said. "We are now conducting the registration of students for the course," Namazov added.

"China has come up with solutions such as the Belt and Road Initiative that aim to create a more open and inclusive international cooperation platform to fuel a new round of development," Xu said.