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"Globally, regional collaboration represents a general trend in the development of the world economy. In China, city agglomeration has become a central engine driving the country's economic transformation and development," he said.
"Foreign banks including StanChart are greatly encouraged by the recent launch of policies by China to further open its financial markets," said Jerry Zhang, executive vice-chairman and chief executive officer of Standard Chartered Bank (China) Ltd.
"For medicines treating rare diseases, AIDS and cancers, we will accelerate the administrative approvals to shorten the time by one or two years for them to be sold in the Chinese market and meet the demands of Chinese patients," Jiao said.
"Having a secondary listing in Hong Kong can help grow these companies' investor bases, considering the Shanghai-Hong Kong Stock Connect mechanism," Liu said.
"Furthermore, China believes in reciprocity. For example, instead of withdrawing from the WHO (World Health Organization), China has prioritized reciprocal cooperation with other countries in developing a vaccine for COVID-19," he said.
