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Quan Heng, an economist in Shanghai, said the recovering Chinese economy has injected confidence and momentum into the world economy.

"We have set an ambitious target to double our revenue in the next five years," Turrina said.

Calling innovation the primary driving force for development, Li said China's innovation-driven development strategy had been well implemented in the past five years, resulting in many stellar scientific and technological achievements.

Fintech innovations offered more opportunities for market players to access consumers. At the same time, new problems related to the stability of the financial sector, information safety and fair competition emerged.

BEIJING, Nov. 20 (Xinhua) -- Chinese President Xi Jinping on Friday met with representatives honored for promoting cultural and ethical progress.