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China recently released a series of measures for opening-up and will further reduce market access threshold, lowering shareholding ratios of foreign companies in fields such as automaking and the financial sector, he said. Intellectual property rights protection will be strengthened and a business environment of fair competition will be accelerated, which provides more opportunities for companies from Germany, Europe and other countries and regions, he added.

China remains an attractive investment destination for global investors, Gao said, citing data on foreign investment this year.

China pledged continued support to facilitate foreign purchases of protective materials and equipment for combating COVID-19, vowing on Tuesday to maintain the stability of global industrial chains with other countries.

China will continue to make arduous efforts to honor its promise to have its carbon emissions peak by around 2030 and promote global climate governance in a more fair, reasonable and collaborative way, Premier Li Keqiang said.

China supports innovation and development of platform enterprises and enhancing their international competitiveness, as well as the common development of public- and private-owned economies. But at the same time, companies should operate in accordance with the law and improve their digital rules, said Liu Junhai, a law professor at Renmin University of China who was quoted in the report.