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Ho said he is honored to be appointed the fifth-term chief executive of the Macao SAR by the central government.

The reform to streamline administration, enhance compliance oversight and deliver better services will be deepened. Local governments will be supported in carrying out pilot registration featuring one license, multiple venues for brand chain businesses. The power of approving qualification for refined oil retail sales will be delegated to municipal level governments.

As a result of the concerted efforts of China, the Philippines and other countries in the region, the situation in the South China Sea "has been stabilized in general, with growing momentum for cooperation and increasing positive factors," Zhao said, adding that China stays committed to peace and stability in the South China Sea.

China, Afghanistan and Pakistan are close neighbors with a shared future, Wang said. The three countries share the aspirations to safeguard regional peace and achieve lasting stability, the need to push forward Belt and Road development and regional connectivity, as well as the expectation to achieve sustainable development and improve people's livelihood.

"China's overall current account is almost in balance, meaning that net exports is a very tiny driver of growth. China's macro-economy is fundamentally domestically driven," he said.