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China is a champion of Asia-Pacific cooperation and has taken concrete steps to promote cooperation on the ground. Close cooperation with other members of the Asia-Pacific is indispensable for China's development. China's development, on its part, offers broad opportunities of development for the Asia-Pacific. China will stay deeply engaged in the Asia-Pacific cooperation process, increase its input, deepen practical cooperation with other parties involved, and make new contribution to the development and prosperity of the Asia-Pacific region.

China is one of the fastest-growing economies in the world. It is a seminal hub for things such as connectivity, mobility and the use of cell phones. Innovation requires a healthy ecosystem, as well as a great educational system.

China has seen marked progress in poverty reduction in the past few decades, seeing the rural poor drop from 770 million around 1978 to 16.6 million by the end of 2018.

China has vowed to pursue a "prudent and neutral" monetary policy in 2017, apply a full range of policy instruments to maintain basic stability in liquidity and hold interest rates at an appropriate level.

China is confident of meeting all fiscal targets this year despite the ongoing coronavirus epidemic, a senior finance official said Friday. [Photo/Sipa]