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A: The reform and opening up of China's financial sector has made remarkable progress since China embarked on the path of reform and opening up 37 years ago. This has been especially obvious in the past several years. China will continue to adopt multiple measures to advance the reform and opening up of its financial sector so that its financial market can better adapt to financial modernization and globalization.

The expert also said he was encouraged by Xi's message of disarmament delivered in Beijing during the commemoration of 70th anniversary of the victory of Chinese People's War of Resistance against Japanese Aggression and World Anti-Fascist War. Xi announced the decision to cut 300,000 Chinese military personnel.

Addressing the UN General Assembly, he said China will join the new UN peacekeeping capability readiness system, take the lead to set up a permanent peacekeeping police squad, and build an 8,000-strong standby peacekeeping force.

It is China's solemn promise to stay focused on reform and opening up, not only for its own sake but to benefit the world.

While maintaining a prudent monetary policy, the financial industry should carry out more targeted and flexible measures, Li said.