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HIGH-QUALITY GROWTH

The government will widen the channel for private capital into debt-to-equity swaps of SOEs. Equity investment institutions will be encouraged to participate in the process, with measures to allow the establishment of private equity funds focused on debt-to-equity swaps.

The Netherlands has always attached great importance to developing relations with China, he said, adding the Netherlands would like to actively participate in the Belt and Road construction.

At the beginning of March, China is entering its annual political high season. As the country's top legislature and advisory body gear up for their annual sessions to set the national agenda for the year and beyond, analysts expect the "shared future" concept to be a major theme during this year's meetings.

China always supports the UN in playing a positive role in international affairs, resolutely upholds the world body's authority and stature, and will continue to actively participate in and support the UN's work in various fields, Han said.