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China is not only the largest manufacturing market and industrial market, but also carries out a lot of technological innovation. All these factors offer multinationals strong confidence to enrich their presence in China, said Peter Herweck, executive vice-president of Schneider Electric SA, a French industrial conglomerate.

China is striving to accelerate the research and development of 5G, as the super-fast technology is forecast to drive 6.3 trillion yuan (9 billion) of economic output in the country by 2030.

China is not expected to encounter any economic hard-landing, economists said at a forum organized by the top think tank on Monday.

China has seen a steady decline in the number of gun and explosives-related crimes, putting it on the list of countries with the fewest such crimes in the world, the Ministry of Public Security announced on Tuesday at a news briefing.

China imports more than 1 billion metric tons of iron ore each year. As such a large importer, it has a responsibility to provide transparent iron ore futures prices, Li added.