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As domestic companies strengthen innovation, IPR protection and international cooperation with the ever-improving regulatory environment, they are catching up with foreign companies in the high-end market, she said.

As a responsible developing country, China will continue to shoulder its international responsibilities commensurate with its economic development, Gao said.

As for the Chinese bond market, challenges for foreign investors could be how to reconcile or reclassify onshore ratings in a global index, and the limited liquidity and weak disclosure standards, which hinders fair market pricing and efficient secondary trading, said Nino Siu, a senior analyst at Moody's Investors Service.

As for retail banking, pressure may remain as individual small investors' deposit growth has slowed. Some banks have seen net outflow of deposits from individual clients.

As a result, AI has become one of the most sought-after majors among prospective college students across the country.