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Chinese Premier Li Keqiang meets with executives of a number of famous multinational companies who are in Beijing to attend the seventh round-table summit of the Global CEO Council, June 20, 2019. [Photo/Xinhua]

Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, joins a panel discussion with the deputies from Guangdong province at the first session of the 13th National People's Congress in Beijing, capital of China, March 7, 2018. (Xinhua/Liu Weibing)

China's second-quarter GDP growth of 3.2 percent year-on-year was materially ahead of Bloomberg consensus estimate of 2.4 percent. This has evidenced a "V-shaped "recovery trajectory of the Chinese economy from the COVID-19 epidemic, characterized by a strong recovery after a sharp economic decline.

Chinese President Xi Jinping has pointed out that China sees the 16+1 cooperation between China and 16 Central and Eastern European (CEE) countries as an important gateway to incorporate the Belt and Road Initiative into the European economic circle, Liu noted.

China's top leadership has pledged to further open the economy including the financial industry to foreign players in an orderly way. It is evidenced by the regulator's decision to further relax shareholding restrictions on foreign investors in the domestic mutual fund management companies and securities firms.