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As the real economy and financial sector further open up, related structural reforms and ongoing technological innovation will continue to drive productivity toward higher quality, and long-term economic growth. These measures will promote the development of China and the world economy, so that China will continue to be the growth engine of the global economy and provide a significant market for the development of the world economy.

As the most representative consumer goods stock in the A-share market, Shanghai-listed Moutai boasts a market value of about 900 billion yuan. Among the 15 listed Chinese companies with the highest market valuations, Moutai is the only one from the consumer goods sector. The others are mostly from the technology, finance, telecommunications and petroleum sectors.

As the winter nears for northern parts of China, Li said concrete measures must be adopted to meet the heating demand from the public.

As the deferral eases the pressure faced by the real economy and financial institutions, it will help safeguard financial stability and spur healthy development of the capital market, said Kang Chongli, deputy dean at the research institute of Yuekai Securities in Guangdong province.

As the warm, slanting afternoon sun cast its golden gauze on every fallen leaf, people from China and the United States gathered in the street-facing corner of a small public park in Cedar City, Utah, where a bronze statue of a beautiful and aspirational-looking young lady has stood for a decade.