The EU does not want a trade war with Beijing but five years of talks have yielded no real progress, the bloc's ambassador to China said on Saturday, adding that concern was growing over Chinese market access for European medical devices.

China wants a deal with US President-elect Donald Trump but doesn’t expect the path to an agreement will be easy, according to an adviser to the Foreign Ministry in Beijing.

China has approved a six trillion yuan ($837 billion) plan to bolster its ailing economy by allowing local governments to swap out their hidden debt, unveiling additional stimulus measures to counter a potentially volatile growth path marked by the impending return of Donald Trump to the White House.

China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, as it faces fresh pressure from the re-election of Donald Trump as U.

Indonesian President Prabowo Subianto has pledged to maintain close ties with China during a meeting with Chinese leader Xi Jinping in Beijing, his first overseas stop since he took office three weeks ago.

Indonesia's new leader Prabowo Subianto set off for China on Friday for his first international trip as president, kicking off a tour that will include stops in the United States, Britain, and South America for the APEC and G20 summits.

Chinese President Xi Jinping met his Indonesian counterpart Prabowo Subianto in Beijing on Saturday, the state-run Xinhua news agency said.