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Next, with COVID-19 vaccines officially approved to enter the market or the yield of vaccines improving steadily, China will put more vaccines into use, inoculating the eligible population as widely as possible, Cui said.

Zhao Leji, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and secretary of the CCDI, presided over the session.

According to the circular, major foreign-funded companies are also eligible for a re-lending and rediscount quota of 1.5 trillion yuan (about 229.5 billion U.S. dollars) from the People's Bank of China.

The new stage of development is a scientific judgment of China's current situation, he said, adding that the new development philosophy is a clear guide for summarizing domestic and foreign development experiences and opening up a new chapter in modernization. Constructing a new development pattern is an inevitable choice for China to deepen reform and expand opening-up in an all-round way in the new era, he said.

China has always insisted that all countries, big or small, are equal, and stands ready to work with the international community, including New Zealand, to strive to promote democratization of international relations and steer the reform and improvement of globalization in a more inclusive and win-win direction, he said.