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Noting China is forging a new development paradigm of a "dual circulation," where the domestic and overseas markets reinforce each other, with the domestic market as the mainstay, Xi said China would stay committed to expanding opening-up. He added that China would integrate itself into the global market more actively to share development opportunities with all countries and contribute to the global economic recovery.
Hua said that in his speech, Wang Chen, vice-chairman of the NPC Standing Committee, reiterated China's consistent position to deepen reform and opening-up, and support exchanges and cooperation between China and the United States in various areas including trade.
The G20 launched the DSSI in April to address the short-term liquidity needs of low-income countries as the COVID-19 pandemic dealt a great blow to the global economy and added to the risks of debt vulnerabilities.
"We must focus on key areas, especially the medical insurance or commercial health insurance. More types of insurance targeting critical illnesses shall be supported and aligned with the basic medical insurance system as supplement to enhance critical illness insurance protection for urban and rural residents," the premier said.
Finally he called on the Australian government to find issues on which there is common ground. "In areas like on climate, nuclear weapons, peacekeeping, counter-terrorism, arms control and -- for the most part -- response to pandemics, it (China) has played a more interested, constructive and potentially cooperative role than has generally been recognized," said Evans.