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"But the policy response has also contributed to global public debt reaching its highest level in recorded history, at over 100 percent of global GDP (Gross domestic product), in excess of post-World War II peaks," they noted.
"China has ample foreign exchange reserves and relatively large room for policy controls. China is capable and confident in coping with all sorts of challenges," said Wang Chunying, spokesperson for the State Administration of Foreign Exchange, at a press conference Thursday.
"China also welcomes the participation of foreign enterprises in the process, if they are interested," he said. "With reforms deepening, the SOEs will take on a new look and make new achievements."
"China has played a leading role as the world's second largest economy by contributing Chinese wisdom and strength to global governance," Zhao said.
"China is facilitating global trade through the Belt and Road Initiative. What we have seen in the trade frictions between China and the US is a negative side where people say global trade causes problems. You need certain rules to the game so that both sides of trade feel they benefit," he said.
来源：资阳报