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China has already enacted several laws, regulations and rules relating to the issue, such as the Criminal Law and the Cybersecurity Law, according to him.

China has five homegrown vaccine candidates in phase three trials, according to the Ministry of Foreign Affairs. That's usually the last step before government regulators vet the vaccine for approval.

China has been transitioning from a phase of rapid growth to a stage of high-quality development, according to the report.

China doesn't need a calling card－we are already the second largest economy and will soon become the largest economy in the world. Of course there are still a lot of challenges and problems to solve, including SOE reform, development of the western region, bridging the increasing gap between the rich and the poor and better healthcare. But in a country of our size, these are natural challenges that we need to work on. If you look at the amount of energy from young people, the rate of innovation that is happening, people's aspirations and the ambitions of Chinese companies, you can only see much more upside that will come from China in the next few decades.

China has been working to deepen household registration reforms, relax restrictions on urban settlement except for several mega-cities, promote coordinated development between cities and towns, as well as increase the population carrying capacity and attractiveness of mid- and small-sized cities.