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China has intensified its efforts to protect intellectual property rights over the past year, with more steps planned for this year, such as amending the Patent Law to substantially increase the cost of infringement, authorities said on Tuesday.

China has maintained a firm stance against most cryptocurrency activities. In 2017, authorities issued a ban on initial coin offerings and existing cryptocurrency exchanges, which has remained in place ever since.

China attaches great importance to improving its business environment and is doing the best in this area, said Han.

China has been committed to further opening up the domestic market, especially the financial sector, in recent years.

China appreciates President Macron's call for Europe to strengthen strategic independence, which not only reflects France's tradition of independence, but also demonstrates Europe's position as a pole of the world, he said.