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Emphasizing the global governance system needs to be reformed and brought up to date, Wang said Xi set out China's views on this subject in an all-round fashion, with a dialectical perspective on what should remain unchanged and what should be changed in today's global governance system.

Despite the pandemic, the CIIE is drawing exhibitors in droves, who are assembling to vote for China's proposal for win-win cooperation, and honor and defend multilateralism. With an expanded exhibition area of 360,000 square meters, the number of top enterprises scheduled to participate in this year's expo has surpassed that in the previous years, according to Vice Director of the CIIE Bureau Sun Chenghai."The globalized world requires that all players be interconnected. Trade is part of that interconnection," noted Jose Antonio Camposano, president of Ecuador's National Chamber of Aquaculture.

Two years on, the country has made great progress in exploring new heights of opening up, fostering a world-class business environment and promoting international cooperation, among others.

In May, the Party leadership made a strategic decision to foster a new development pattern where domestic and foreign markets can boost each other, with the domestic market as the mainstay.

Amid fears of a probable new wave of COVID-19 in the Hong Kong Special Administrative Region (HKSAR), Leung, also former chief executive of the HKSAR, said containing COVID-19 was a pressing task that must be solved, "otherwise Hong Kong's economy would suffer some structural damage in the medium to long term."