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Wang said China will deepen its reforms to achieve lower tariffs, reduce negative lists, enhance market access, create more transparent market rules and bring about a more attractive business climate so that China and other markets will be better connected and enjoy larger scale interaction that is more efficient and more dynamic.

Wang said that online shopping has provided strong support for China's consumption growth and ensured people's livelihood amid the pandemic, while estimating that retail sales are expected to maintain growth momentum in the fourth quarter.

Wang believes innovation, led by science and technology, is an important way to transform the current production mode of agriculture. He decided to establish several demonstration bases to mobilize local farmers to grow high-quality rice.

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Wang said the proposed framework of "PBOC plus two commissions" will be a stable structure in the short to medium term, but further adjustments may be introduced.

Wang Zhiqin, deputy director of the China Academy of Information and Communications Technology, a government think tank, said: "With the construction of 5G networks accelerating in China, its industrial application is turning from the stage of exploration to the stage of real practice."

Wang Yanhui, secretary-general of the Mobile China Alliance, said MediaTek has fully realized the important role Chinese mainland's telecom carriers play in the smartphone sector, after it experienced a decline in business due to losing big customers such as Oppo Electronics Corp.

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Wang also said China hopes to reach more consensus with Latin American and Caribbean countries during the sixth round of dialogue of the foreign ministers of China and the "quartet" of the Community of Latin American and Caribbean States on Tuesday.

Wang said the foundation for a stable forex market remains sound, because of factors such as great resilience and potential of the economy, increased counter-cyclical adjustment, a proactive fiscal policy and prudent monetary policy, stable macro leverage ratio, financial risks being controllable and ample forex reserves.

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Wang Yongfeng, deputy director of the General Administration of Sport's Mountaineering Administrative Center, said the climbers had decided to retreat to a camp at an altitude of 6,500 meters.

Wang made the remarks at a joint news conference with Kyrgyz Foreign Minister Chyngyz Aidarbekov in Bishkek, capital of Kyrgyzstan, during his visit to the Central Asian nation on Tuesday.