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"Chinese companies are growing fast thanks to the country's reform and opening-up, which has led to increasingly rich and diversified corporate financial demands. Foreign banks can play a bigger role during the process," she said.

"Competition among online retailers will concentrate on new technologies, logistics networks and supply chains. E-commerce players should expand their offline consumption offerings and apply more cutting-edge technologies," Cao said.

"China's employment situation is holding steady, better than other major economies," he said. Wei told the media that the current employment situation will lay a solid foundation for stable and healthy economic development next year.

"China will carry out more efforts to accelerate the construction of an international science and technology center in the Guangdong-Hong Kong-Macao Greater Bay Area," said He Lifeng, head of the National Development and Reform Commission. He made the remark at a news conference during the recently concluded two sessions, the annual plenary meetings of China's top legislative and political advisory bodies.

"Currently, COVID-19 is eroding human life and health. The world has fallen into a deep recession. Global governance is facing serious dilemmas with huge tides of unemployment, bankruptcies and supply chain disruptions as well as the ever growing deficits in governance, development and trust," Wang said.