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China is determined to conduct market-oriented reforms, Li said. The Chinese government will make more pragmatic moves in deepening reforms with stronger determination and strength, transform functions of the government, and strengthen intellectual property rights protection and market regulation to build a globally-competitive business environment, he said.

China is said to have higher potential in leveraging the power of AI. The rate of expected innovation improvements in China in 2021 is 2.6 times that of the current level.

China has set the goal of creating more than 9 million urban jobs this year and ensuring the survival of over 100 million market players amid the fallout from the COVID-19 pandemic.

China has provided Syria and some other countries in the region with around 680 million yuan (100 million U.S. dollars) of humanitarian aid, including cash, medical equipment, medicine, and food to help alleviate the suffering of the Syrian people, he said.

China is set to continue its strong growth this year and is on course to become a "moderately well-off society" by 2020, according to experts.