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"Companies' future output expectations remained strong, reflecting a positive outlook for the manufacturing sector for the year ahead," Wang said.

"China's investment sector has reached a stage where we should put equal emphasis on investing abroad and attracting foreign investment," said Guo Hongyu, deputy director of the foreign economic cooperation department at the commission.

"China, more than other emerging markets, has the ability to manage its own future, at least within the confines of its domestic financial system and the domestic economy," said Alastair Wilson, Moody's head of global sovereign rating.

"China-US economic and trade relations are mutually beneficial in nature," Yang said.

"Chinese consumers have shown growing awareness of their health conditions since the outbreak of COVID-19 earlier this year, and they have indicated a higher recognition of TCM. Besides, the government is increasing its support of the TCM segment ahead of the country's Healthy China 2030 initiative," he said.