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China will reduce enterprises' burden to ensure employment, officials with the MHRSS told a joint media interview, noting that research on plans for cutting enterprises' social insurance premium rate will be accelerated

China's central bank is still in the process of developing its own digital currency, and competition among government-backed digitalized currencies can be expected in the "digital era", said a central bank official on Tuesday.

China will keep its door wide open, Xi told the forum, voicing hope that other countries will also keep their doors open to Chinese investors and keep the playing field level for them.

China's GDP growth eased to 6.5 percent year-on-year in the third quarter, the lowest in nearly 10 years, according to the National Bureau of Statistics. Foreign direct investment in China grew 2.9 percent year-on-year in renminbi terms and 6.4 percent in dollar terms in the first nine months.

China's central bank is revising a law to make way for issuing the country's digital currency, and the public will be able to exchange the new type of money only at certain qualified commercial banks, according to officials and analysts.