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Auto asset-backed securities (ABS) appeared to have shrugged off pandemic stresses as key indicators return to pre-pandemic levels, Fitch said.

At a symposium he chaired on comprehensively advancing the development of the Yangtze River Economic Belt in November, Xi called for efforts to write a new chapter in prioritizing ecological conservation and boosting green development, and draw a new painting featuring harmony between nature, the people and the cities.

China is and will always be a builder of world peace, contributor to global development and guardian of international order. "China's development is an opportunity, not a threat, as it will add to the world's strength for peace," he said.

More efforts should be made to uphold the innovation-driven development strategy, strengthen the real economy, build a modern industrial system in a concerted way, and foster a first-class, law-based business environment, Wang added.

The role of opening up is never insignificant. This year, Xi stressed on several occasions the need to foster a new development paradigm in which domestic and foreign markets can boost each other, with the domestic market as the mainstay.