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"China will develop a stronger multi-layered capital market, which includes large stock exchanges, regional equity markets, private funds and venture capital funds, to better support the development of innovative enterprises," he said while highlighting the importance of daring innovation in the banking, insurance and securities sectors.

"Chinese enterprises will deepen their partnerships with foreign companies so that global consumers can benefit from faster telecommunications and other 5G-related services as soon as possible," Wen added.

"Coronavirus seemed to pop up every 10 years, first with the appearance of SARS (severe acute respiratory syndrome) in 2003. I felt then that coronavirus would become a serious threat to global public health one day, and such research would have very practical application," Wang said.

"China still has plenty of potential sources of domestic growth－consumption for instance－and it can now cultivate these further. That means it will be able to face the current issues with more flexibility and readiness than others, although the question is whether this will be sustainable."

"China's willingness to consider joining the CPTPP is a positive sign for China in remaining open to the world, supporting regional multilateralism and free trade."