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The items restricted to foreign investors have been cut to 31 at the national level, declining by 6 percent from last year, in the newly unveiled negative lists coming into effect on Jan 1.

The meeting called for remaining committed to China's own cause, consolidating the economic foundations, enhancing the abilities of scientific and technological innovation and adhering to multilateralism.

The area serves as a gateway to the Chinese market for many foreign companies, as well as a bridgehead for Chinese companies looking to expand their presence overseas.

China's Commerce Minister Wang Wentao submitted the application in a written letter on Monday to Damien O'Connor, minister for trade and export growth of New Zealand, the DEPA depositary.

By 2025, the Chengdu-Chongqing economic circle will witness significant increases in economic strength, development vitality and international influence, and about 66 percent of its permanent residents are expected to be living in urban areas.