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China was once poor and weak. It is now the world's second largest economy. China's achievement comes with peaceful development, not territorial expansion or invasion. Time and again, world history proves one thing: stability brings development, and prosperity comes with peace, not the use of force. China will stay on the path of peaceful development, and we hope other countries will do the same. Only peaceful development can bring common development and peaceful coexistence for all.

China will advance reforms to make the capital market better serve the real economy. And the capital market will open wider to foreign investors in a steady way and domestic brokerages will expand business overseas, Jiang said.

China saw a tourism boom during the three-day May Day holiday, a sign of the country's booming tourism industry, official data showed on Monday.

China started pilot schemes of a share-holding reform in May 2015, allowing farmers to own, benefit from, collateralize and inherit shares, in an effort to inject new growth into the rural economy and increase farmer incomes.

China reported cases of what people then called "pneumonia of unknown cause" on Dec 27, according to a white paper "Fighting COVID-19: China in Action" published in June. The World Health Organization (WHO) said it received China's official report on the cluster of cases on Jan 3.