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Larger-scale tax and fee reductions are a key measure to improve the business environment and boost the vitality of market entities, which not only contribute to steady economic growth and stable employment but also encourage enterprises to increase investment on innovation and enhance competitiveness, Li said.

"In the early days, foreign firms received preferential policies regarding land, electricity and taxes in China," Han said, "but more recently, the government has increased its protection of intellectual property and improved efficiency."

Around 11.7 million people require humanitarian assistance and protection inside the country in 2019 and more than 5.6 million Syrians live as refugees across the region, according to UN statistics.

The Belt and Road Initiative has become an initiative for peaceful development and economic cooperation, the report said. "It is a process of open, inclusive and common development, not an exclusionary bloc or a 'China club.'"

BEIJING, April 27 (Xinhua) -- Chinese leadership has tirelessly reaffirmed its commitment to opening up. It is the solemn promise made by the world's second-largest economy to the rest of the world.