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China should encourage entrepreneurship and innovation to create jobs, and help key groups such as college graduates find employment opportunities, according to a statement following a State Council executive meeting presided over by Premier Li Keqiang.

China was experiencing the Spring Festival travel rush, when billions of trips are usually made across the country. However, this would greatly increase the chances of infection nationwide.

China offers a sustainable and inclusive development philosophy, or development ideas with universal significance and Chinese characteristics, said Ma Yao, a researcher with the Shanghai International Studies University.

China is working on new ways to improve chip performance, power and costs for AI applications, which will present huge opportunities for companies laying the foundations for such technological breakthroughs, said Gary Dickerson, president and chief executive officer of Applied Materials Inc, a leading semiconductor and display equipment company.

China remains committed to the agreements reached by the two heads of state.