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China hopes that the meeting will focus on economic cooperation of the Asia-Pacific region and could achieve some progress in areas such as development and inclusive growth to further consolidate consensus and outline the great prospects for Asia-Pacific cooperation, Li said.

China is predicted to spend 2.8 trillion yuan (1 billion) in the digital transformation this year, and the figure is expected to surge to 3.2 trillion yuan in 2020 and 3.7 trillion yuan in 2021. Manufacturing (220.5 billion yuan), governments (193.4 billion yuan) and financial services (145.5 billion yuan) are the top three sectors in spending for the digital transformation in 2019, according to Deloitte.

China is expected to replace the United States as the country with the most organ donations and transplants in 2020, he added.

China is further liberalizing and facilitating trade and investment. We expect more opportunities to be created from green development, smart manufacturing, the Internet Plus strategy and the Belt and Road Initiative.

China has the world's third largest bond market, which is growing rapidly and opening more widely across the globe.