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As small and medium-sized enterprises have contributed more than 80 percent of the job opportunities in China in 2018, reducing the burden for them can further unleash the vitality of the labor market.

The president noted in a congratulatory letter to the fourth Understanding China Conference which opened Saturday that as a contributor to and a beneficiary of economic globalization, China will remain steadfast in pursuing the path of peaceful development and an opening-up strategy of mutual benefit to continue adding impetus to an open world economy.

He pledged that China will continue to work to safeguard fairness and justice and maintain regional peace and stability, and will continue to be a builder of peace in the Middle East, a promoter of stability and a contributor to the development in the region.

Noting that the United States had allowed the so-called "Hong Kong Human Rights and Democracy Act of 2019" to become law and the House of Representatives of the U.S. Congress to pass the so-called "Uygur Human Rights Policy Act of 2019," Yang said U.S. officials have repeatedly made statements that distort and attack China's political system and internal and external policies.

Wang said he hoped that the EU will also pursue a more friendly policy towards China.