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China welcomes the conclusion and signing of the Regional Comprehensive Economic Partnership (RCEP) and will work with all parties in the spirit of partnership and join hands to build an open world economy.

China's financial industry has embraced a new generation of information technologies and its spending on information technology is expected to reach 220.8 billion yuan by the end of 2020, global market intelligence firm International Data Corporation predicted.

To promote the ecological protection and industrial development of the forestry and grassland, the province has set up 5,551 tree seed production bases with a total area of 55,200 hectares, Wang said.

Remarkable achievements have been made over the years, testifying to the viability and effectiveness of the thought in guiding China's economic work. Despite the challenges from deglobalization, protectionism, COVID-19 and others, the Chinese economy has grown close to 100 trillion yuan (about 15.27 trillion U.S. dollars) with a per capita GDP exceeding 10,000 U.S. dollars, contributing about 30 percent to world economic growth.

"While global economic activity has picked up since June, there are signs that the recovery may be losing momentum, and the crisis is likely to leave deep, unequal scars," said the IMF in a report.