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China's gastrointestinal cancer treatment market is both huge and dynamic, and the United States is looking forward to joining hands with China to tackle related diseases, US experts said.

China's consistent efforts to expand all-around opening-up, unswervingly advance the global free trade process and participate in global economic governance will provide the international community with more positive energy, he added.

China's decision in 2017 to further open up its financial sector to foreign investors and to slash tariffs on the imports of a wide range of consumer goods; its holding of the Belt and Road Forum for International Cooperation in Beijing last May; its push for bilateral and multilateral free trade arrangements; and its support for global agreements and organizations such as the Paris climate accord and the United Nations are proof of Xi's pledges at Davos.

China's deepening reform and opening-up agenda, aiming to vitalize market entities, will help the nation cope with challenges in economic globalization created by the COVID-19 pandemic, according to Chi Fulin, president of the China Institute for Reform and Development.

China's insurance funds posted a 5.56 percent annualized rate of return on financial investment in the first half of 2019, up by 0.8 percentage points year-on-year.