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China will continue implementing the phase-one economic and trade agreement with the United States, while measures announced to open up China's financial sector will continue, said Yi Gang, governor of the People's Bank of China.

China plans to reduce a total of 1 trillion yuan in costs for enterprises this year.

China stands for building a new type of international relations featuring mutual respect, fairness, justice and win-win cooperation, and it promotes building a community with a shared future for mankind featuring sustained peace and common prosperity, Wang noted.

China surpassed the US in the number of emerging AI projects last year and accounted for over half of the total projects but in terms of global AI talent, China made up only 5 percent of the total, according to a Goldman Sachs report.

China will continue to expand global communication and cooperation in the industrial internet sector, which is fast becoming the go-to sector for innovation in the country, senior officials said on Tuesday.