Some European executives see rising trade tensions as a potential opportunity, but they are watching warily for more moves in Washington.

Wang and other officials outlined Beijing's strategies for building its economy and financial markets, but did not announce any major new initiatives. Here are some highlights: The Trump administration has raised tariffs on imports from China twice since taking office in January.

China is warning that it is ready for any "type" of war with the U.S. in response to President Donald Trump's tariffs against the communist nation.