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"Commercial endowment insurance will be vigorously developed. In the past few years, new industries and new business models have emerged as China deepens reform of government functions and encourages entrepreneurial and innovation activities nationwide," Li said.

"China's capital markets are undergoing the reform of minimizing administrative controls and strengthening crackdowns on illegal market behavior."

"China strongly urges the United States to abide by the one-China principle, the three joint communiques between the two countries and UNGA Resolution 2758, and immediately stop backing the Taiwan region, politicizing, and undermining international response to the pandemic," he added.

"Currently, we are running at full capacity. Thanks to the digital industrial chain platform, we managed to find more than 1,000 suppliers for resources sharing such as employees, raw materials, and logistics among others to guarantee smooth production," Huang Min, vice-president of Guangxi Liugong, told the People's Daily.

"Chinese consumer tastes are fundamentally different from (those of) other audiences. What sells well in China, usually only works there," Hou pointed out.