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To fix this, the government will open the market wider to private capital and loosen restrictions on foreign enterprises, while encouraging innovation among all firms, said Zhao.

In a panel discussion with Taiwan deputies, Yu Zhengsheng, chairman of the Chinese People's Political Consultative Conference National Committee, said, "We will adhere to the 1992 Consensus, resolutely oppose and contain any forms of 'Taiwan independence' separatist activities, strengthen contacts and exchanges with all political parties and groups in Taiwan that recognize the one-China principle."

The burgeoning tourism industry has employed 5,000 people and there are 219 households running family inns, both twice as much as that in 2013.

China is willing to enhance macro policy coordination with international society via the G20 group, he said.

On Saturday, Zhang attended the inaugural ceremony of the assembly, and delivered a speech on Sunday. It was the first time a chairman of the Standing Committee of China's National People's Congress participated in the IPU Assembly.