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The CEOs said their confidence in China and commitment to staying rooted in and serving China have further consolidated.

Inter-agency regulation and supervision will be stepped up. Issues relating to share-pledging risks, funds misappropriation and against-regulation guarantees must be properly resolved. Heavier punishment will be imposed on any violation of laws and regulations, including market manipulation and insider trading, to significantly raise the cost of such behaviors, according to the meeting.

Worku said that with the COVID-19 pandemic forcing schools to be shut down, the cash donation to low income households serves as a kind of food security to households with children.

Li has underscored that the newly increased funds must be utilized in a more targeted way. Practices and experiences gained must be timely reviewed for policy improvement.

Wang gives an overview of Xi's participation and important statements at these meetings.