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"Continuous enhancements in the quality of growth are enabling economic prosperity in the long run," said Cheng Shi, managing director and chief economist at ICBC International Holdings.

"Compared with the requirements for China's economic and financial development in the new era, there is still huge room for the opening-up of our financial sector to domestic and foreign investment," Yi, governor of the People's Bank of China, said on Tuesday at the 2018 Annual Conference of Financial Street Forum in Beijing. "China will take advantage of the further opening of its financial sector as a crucial way to improve the quality of financial services."

"China, with a population of 1.4 billion people, will continue to be a huge market for the world, shared by the world, and a market that benefits everybody," he said.

"Congress should not leave Washington for the holiday recess without enacting a much-needed COVID relief package. We look forward to working with Congress and the new Administration in the new year on a more comprehensive COVID relief package," they added.

"Companies need to focus on refined operations as well as seeking new ways to turn profitable. They should try to reduce the cost, improve the efficiency, improve the service offerings and provide better user experiences."