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China is opening wider to countries, including the United States, with products form Apple, Cisco, Microsoft and countless other US companies selling well in China for many years. On the contrary, the United States keeps demonizing Chinese companies and setting obstacles for their entry into its market.

China is increasing the construction of smart cities, of which smart mobility is an indispensable part. In the future, cities will make use of increasingly mature 5G technology, big data technology, artificial intelligence, intelligent interconnection and other mobility technologies to improve urban and inter-city traffic and enhance people's mobility safety, convenience, economy and comfort.

China is seeking to build a new platform for international cooperation and inject new dynamism for common development with the Belt and Road Initiative, he added.

China hopes to increase GDP by about 6.5 percent this year. At this rate, the nation will generate more output than it did during the days of double-digit growth.

China is setting up a national credit score database, managed by the People's Bank of China - the central bank - to improve information asymmetry of commercial banks and expand loan availability for SMEs with qualified credit scores.