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China has long called on the US to loosen and lift its restrictions on US high-tech exports to China. The US has not only failed to address this but moved in the opposite direction with more discriminatory policies against China, both in trade and investment.

China has made much progress in AI applications in recent years. The AI software and application market in China was worth .89 billion last year, and the number is expected to reach .75 billion by 2024, witnessing a compound annual growth rate of 39.9 percent during a six-year period, according to International Data Corp.

China enjoys geographical proximity and cultural bonds with Japan and South Korea. In particular, the three countries have been supporting and helping each other to fight the COVID-19 outbreak since early this year.

China has firmly supported the multilateral trading system via liberalizing and facilitating trade and investment since its accession to the World Trade Organization, said the government in a white paper released on Thursday.

China has competed in eight Olympic competitions and nine FIBA World Cups and has captured an Olympic silver medal in 1992 and bronze in 1984; and a silver in 1994 and bronze in 1983 World Cup play.