He listed five misconceptions: trade deficits are bad; trade balances reflect trade policies; trade deficits always lead to job loss and slower growth; trade performance is the most important reason for the long-run decline in US employment in manufacturing; and bilateral trade between countries should be balanced.
He noted that it will be the first legislation targeting consular protection and assistance as well as the safety of Chinese citizens and institutions overseas.
He made the remark when delivering the Government Work Report at the opening meeting of the first session of the 13th National People's Congress, the top legislature.
He emphasized the new system - which he named Madaraka Express, a reference to the commemoration of Kenya gaining its sovereignty in 1964 - will spearhead socio-economic transformation by lowering the cost of transportation of both freight and passengers between the two cities, halve the time it takes from eight to four hours, generate jobs and open up remote areas.
He called on the three sides to set up institutional arrangements so as to accelerate the construction of a network of cross-border highways, facilitate customs clearance, strengthen energy cooperation, and discuss the construction of regional power grids.
He noted that since its founding ten years ago the forum had become an important platform for nations to exchange experiences in combating desertification and achieving the United Nations 2030 Agenda for Sustainable Development.
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He explained that the low value of the pound is another reason why the UK is seeing a rise in the number of Chinese buyers.
He called on the two countries to make further efforts to move forward cooperation in various fields to pursue sustained growth so as to bring more benefits to the two peoples and inject even stronger impetus into the two countries' development and rejuvenation.
He made the remarks as French President Emmanuel Macron commenced his three-day state-visit to China on Monday.
He described the base as a cradle of education for Chinese lawyers, which would enable them to better handle legal cases in foreign countries.