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After months of hard work, China's epidemic prevention and control work has shown positive changes and made major progress for the current stage, Xi said, adding that the recovery of economic and social development has been accelerated at the same time.

Going forward, he said, China stands ready to continue sharing information and experience on epidemic prevention and control with the United States, carry out anti-epidemic cooperation, and implement the consensus reached by leaders of the Group of 20 major economies at their extraordinary summit to keep the global supply chains stable and promote global economic and financial stability.

"The process of globalization was driven by economic efficiency and technology," he said. "If there is anything wrong with the past process of globalization, I think we have to make it more open, inclusive, with more equitable distribution of benefits for everybody."

A package of macro policies and measures will be introduced, the meeting noted, and China will appropriately raise the fiscal deficit ratio, issue special treasury bonds, increase the scale of special bonds for local governments, and guide the interest rate to decline in the loan market.

"While fighting against COVID-19, our domestic and overseas colleagues have been making efforts to promote the resumption of oil production to ensure the domestic and global supply," said Xie Yuxin, manager of the market development department of the Daqing Oilfield of the China National Petroleum Corporation (CNPC).