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More and more countries, developing and developed alike, have responded positively to such an approach of global cooperation, which will produce multiple benefits and win-win results among all three parties. China's role could be a bridge that links the parties together. Global cooperation on production capacity presents enormous business opportunities for companies worldwide. I hope you could all seize the opportunity, explore cooperation possibilities and try new cooperation models. And I'm sure you could all be successful. In fact, such cooperation could be as wide-ranging as to require the strong support from governments, international organizations and financial institutions. And it may be a good idea for parties concerned to strengthen coordination and jointly promote such cooperation by including it into the framework of bilateral and multilateral cooperation mechanisms. China may tap into its advantage in foreign exchange reserve to provide financing support for Chinese and foreign companies involved in such cooperation. As long as we join efforts, we could make sure that global cooperation on production capacity will leave its mark in the world economic history and become part of the new blueprint for global growth.

Hegang is a major coal producer. Xuxiang Colliery is privately owned, with an annual output of 150,000 tonnes.

Yang pointed out that China-Japan relations have been improving as dialogue and exchanges in various areas have resumed or increased.

In terms of mixed-ownership reforms, the government should introduce multiple types of investors so SOEs can achieve mixed ownership and encourage them to go public, the guideline said.

Essentially, the move takes full account of political security, people's safety, public opinion and the nation's fight against corruption.