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China's premium car segment, where about 2.4 million cars were sold last year, is like a Hollywood-style blockbuster starring three German giants－Audi, BMW and Mercedes-Benz.

China’s population will peak at 1.44 billion by 2029 and then start decreasing, even if the fertility rate rises slightly, according to a report released by the Chinese Academy of Social Sciences in early January.

China's services sector saw the strongest expansion in a decade last month as the resumption of business activity accelerates and the country's economy continues to recover, a private survey showed on Friday.

China, a responsible major country, has been "proactive and generous" in supporting the global anti-pandemic effort by donating funds, sharing knowledge and experience on epidemic control, and developing vaccines together with other countries, he said.

China's success has demonstrated that an open and more prosperous China can benefit the world, Cui stressed, adding that its efforts will bring even bigger benefits to the US economy and the livelihood of the American people as China continues to develop its own economy and to strengthen the China-US economic relationship.