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China has disclosed epidemic-related information in a timely, open, transparent and responsible manner, actively responded to the concerns of various parties and strengthened international cooperation, Xi said.

China has a very significant role in the world today. It is the second largest economy in the world, and developments and issues in China have a huge impact on the global stage in many aspects, including trade, the environment and social development. For most companies, China is almost impossible to ignore, not only as a huge and important market but also as a key player in the global supply chain and the availability of resources and talent.

China has also decided to build Beijing, the country's capital, into a free trade pilot zone with an emphasis on digital economy, technological innovation and liberalization of the services sector.

China has been an exception to the Olson trap. Following intense study, consultation, and regional tests, China's government has been able to implement policy reforms that have enabled the process of economic upgrading. The Fourth Plenum's push for strengthened and formalized rule of law is the next essential step in the long process of economic growth and institution building.

China could favor Airbus and actually come out ahead in job numbers,"he said. Cai von Rumohr, an analyst who covers Boeing for Cowen and Co, believes that China's options in regard to Boeing are limited.