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China has made progress in fighting so-called zombie companies and in handling bankruptcy disputes over the past few years, especially since an online platform was launched and more specialized tribunals were added, according to the country's top court.

China does not restrict medical supply exports, and is ramping up efforts to ensure product quality to help the global fight against the novel coronavirus outbreak, businesses and analysts said.

China has been an important part of Ubisoft's global production line. The company set up a studio in Shanghai in 1996 and established a Chengdu studio in 2007.

China endeavors to uphold international fairness and justice, Xi said, adding that China will not impose its will on others.

China has grown by an average of almost 10 percent per annum since the adoption of the reform and opening-up policy almost four decades ago. The results are spectacular: from the rise of China to the second-largest economy in the world to millions of people coming out of poverty.