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"China's growth prospects, which stand out among major economies, relatively higher interest rate levels and the yuan's prospects for long-term stability are expected to amplify the country's allure to foreign investment in the next five to 10 years," Wang said on the sidelines of the annual conference of the China International Finance Society on Friday.

"China's income growth remains at the same level of mid-income countries and it still has a lot of potential to develop," he told another forum held by the Institute of Economics of the CASS on Friday.

"China should stick to its established goal of further opening-up in a timely manner," he said, adding that a higher level of opening-up will effectively promote trade and investment and facilitate further economic integration between the world's two largest economies.

"Compared with normal milk, the digestion rate of goat milk infant formula is closer to that of breast milk. Goat milk formula also contains more protein, fat, minerals and vitamins," said Wang Junbo, a professor at the School of Public Health of Peking University.

"China's economic growth is the most important source of growth for the global economy," said Vasilis Trigkas, who is also a research fellow at the Belt and Road Strategy Institute at China's Tsinghua University.