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Wang proposed that countries around the world join forces to chart a course forward with structural economic reforms and innovative development.

Wang Yanhui, secretary-general of the Mobile China Alliance, an industry association, said Ren’s rare media briefing shows that Huawei is embracing an increasingly open approach to counter allegations through taking the initiative by responding to concerns.

Wang Jinnan, chief engineer of the Chinese Academy for Environmental Planning, said the academy completed a draft protection plan for Xiongan after on-site investigations, but it still needs to be appraised and adjusted to match the general construction plan for the area.

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Wang is the head of a 62-member delegation sent by the central government to take part in a series of celebration activities around the region since Wednesday. The delegation received a warm welcome by Ningxia people at the airport when it arrived in Yinchuan on Wednesday morning.

Wang Xiaoguang (left) and Zhang Shaochun. China Daily

Wang Tao, chief China economist at UBS Securities, said the People's Bank of China, the central bank, may cut the reserve requirement ratio by another 150 basis points before the end of this year and conduct open market operations such as using the medium-term lending facility to increase liquidity.

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Wang said the international community is being tested by the battle between multilateralism and unilateralism as well as between cooperation and confrontation.

Wang Liming, a civil law professor at Renmin University of China, said the rapid development of AI technology has brought about a big challenge in the practice of law, "so it's necessary to provide a solution through legislation".

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Wang called on the two countries to enhance cooperation and coordination to safeguard the process of multilateralism and global free trade system, and to build an open world economy.

Wang also called for substantive progress to be made in the negotiations on the Regional Comprehensive Economic Partnership (RCEP) by the year-end and an East Asian pattern of development to be forged, which is free, balanced, inclusive and beneficial to all.