The remarks came after some US Republican legislators claimed in a Wednesday report that the Chinese central government's move to introduce a national security law in the Hong Kong Special Administrative Region was the "end of the 'one country, two systems' framework".
The report said the government does not need to keep a close eye on the currency on a daily basis.
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The report suggested that incumbents - especially multinationals - need to localize everything from product design to branding to marketing, delegate innovation, marketing, distribution and other decisions affecting their China business to their China teams, and boost their ability to act quickly on market opportunities.
The relationship with the Philippines has always been a priority in China's neighborhood diplomacy and China is willing to maintain close high-level exchanges with the Philippines and deepen the political mutual trust, he said.
The report also notes that life-saving vaccination campaigns against measles, polio and other diseases must resume, as should work to help the estimated 7.7 million children who suffer from severe wasting -- more than half the global total. Schools should reopen as soon as possible provided adequate handwashing and other physical distancing precautions are in place.
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The report also showed there are gender differences in dealing with interpersonal relationships.
The report highlighted that in last year's relevant index rankings, first-tier cities such as Beijing, Shanghai, Shenzhen and Guangzhou are among the top cities in the country in terms of economic, business, technological and sustainable competitiveness.
The report estimated that internet companies, led by Baidu, Alibaba, and Tencent, will play pivotal roles in outbound investment, transforming "Made in China" from cheap commodities to innovative products.
The regulation, issued by the Cyberspace Administration of China, requires the online news service providers to abide by the law, promote healthy Internet culture and safeguard national and public interest.