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China will ramp up its competitiveness in high value-added manufacturing categories such as information technology, emerging industries and household appliances, said UBS researcher Hou Yankun.

The Central Economic Work Conference was held in Beijing from Dec. 10 to 12. It was agreed at the meeting that under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at its core, China has kept pursuing progress while ensuring stability, focused on its supply-side reform, promoted high-quality development, made solid progress in ensuring economic stability, and maintained healthy economic and social development. Meanwhile, the country's progress in achieving the major tasks of the 13th Five-Year Plan met expectations, and new major steps have been made toward finishing the building of a moderately prosperous society in all respects.

Li said the Chinese side is willing to promote the synergy between the Belt and Road Initiative and the Lao development strategy, and strengthen cooperation in such fields as production capacity, investment, railways, the China-Laos economic corridor, tourism and people-to-people exchanges.

Calling the international community to work together to deal with the epidemic, Tursunali expressed his firm belief that "the Chinese people will win the battle for the prevention and control of the epidemic."

There, Xi extended Chinese New Year greetings to local residents, the Chinese people of all ethnic groups, compatriots in Hong Kong, Macao and Taiwan, and overseas Chinese nationals.