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China-assisted work on Pakistan's first direct current transmission project connecting Murtyari and Lahore has finished. The 878-kilometer-long line is ready to supply bulk power, project executives said. [Photo/POWERCHINA]

Chinese Ambassador Xiong Bo pointed out that it is China's important measure to implement a new round of high-level opening-up, which reflects China's insistence on opening-up and its determined position of firmly supporting economic globalization, the multilateral trading system, and free trade.

China's private economy will embrace a bright future, as long as the country continues to push forward favorable policies and entrepreneurs seek careful management, Guo Weimin, spokesman for the second session of the 13th CPPCC National Committee, said on Saturday.

China, however, still lacks preferential policies to encourage recycling of construction waste. Currently, only 5 percent of such waste in the country is utilized. Most of the rest is disposed of in landfills, which results in a lot of pollution, she said.

China's second-largest telecom equipment maker, ZTE Corp, said it is "fully prepared" for the large-scale deployment of the 5G network as the company races to take a leading position in driving the world into a new era.