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China has deepened value-added tax reform this year, including lowering VAT rates for the manufacturing industry and some agricultural products.

China has led the world in new energy sales in the past five years, and has built 38,000 charging stations, 449 battery swap stations and 1.3 million charging poles, according to data from the Ministry of Industry and Information.

China has decided to slash its automobile import tariffs from July 1, pledging to further open up, including increasing imports from the United States, which will benefit both peoples and the rest of the world.

China has consistently combined the universality of human rights with the reality of modern times, and the nation pursues a path of human rights development with Chinese characteristics in line with its own conditions, Xi said.

China has been able to contain the COVID-19 pandemic more swiftly than most countries. As a result, the nation's economy has been seeing a "V-shaped" recovery with exports showing strong growth in September, in line with the soaring current account surplus. These optimistic signals are reflected in the recent renminbi appreciation, experts said.