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Under current circumstances, he added, the international community should pay more attention to the grave challenges brought by the COVID-19 pandemic to Palestine and help the Palestinian people fight against the coronavirus disease.

"This year, China's economy is able to achieve positive growth. This is attributable to financial institutions' intensified support for micro, small and medium-sized enterprises," Li said. "The Central Economic Work Conference has underlined that necessary support for economic recovery shall be sustained, with well-calibrated and more effective policy operations."

China is committed to a peaceful development path and a win-win strategy of opening up and to sharing opportunities with the rest of the world as it pursues development, Li said.

BEIJING, Dec. 21 (Xinhua) -- Xi Jinping Thought on Socialist Economy with Chinese Characteristics for a New Era has been advancing with the times, steering the Chinese economy ahead amid a changing world full of uncertainties.

Third, harness the role of the digital economy. COVID-19 has fueled the boom of new technologies, new business forms and new platforms such as 5G, artificial intelligence (AI) and smart cities, and accelerated the development of a contact-free economy like online shopping, online education and telemedicine. All this opens new pathways for economic growth. We ought to adapt to change and turn crisis into opportunity. We may deepen structural reform and cultivate new growth drivers through scientific and technological innovation and digital transformation. We could foster an enabling environment for the development of the digital economy, enhance data security cooperation, strengthen the digital infrastructure, and level the playing field for high-tech companies from all countries. Meanwhile, we need to address the challenges posed by the digital economy to employment, taxation and vulnerable groups, and seek to bridge the digital divide.