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China has launched a pilot national park project for Siberian tigers and Amur leopards, spanning an area of over 1.46 million hectares in the provinces of Jilin and Heilongjiang. Construction of the national park is scheduled to be completed this year.

China has accelerated its financial opening-up since 2017. Foreign securities, fund and futures firms were allowed to hold a maximum 51 percent stake in joint ventures, according to regulations announced in November 2017. The limit was removed on April 1 this year.

China has placed increasingly more emphasis on improving the quality of listed firms in recent years. President Xi Jinping has stressed the need of improving the quality of listed firms on different occasions, while the CSRC issued an action plan last year to make substantial headway on the task in three to five years.

China can also plan more forward-looking measures of opening-up, and extend the opening-up via free trade zones in more areas. The growth potential promoted by such reform and opening-up measures will be much greater than the demand driven by simple stimulus policies, and they will be more sustainable and effective. It can not only fill the demand gap caused by the epidemic, but also provide long-term growth momentum.

China appreciated that Thailand respects recommendations from the World Health Organization and makes moderate and reasonable responses, he said.