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"China will further cut tax, especially to support medium and small-sized enterprises," said Cheng. "We will continue to promote property tax legislation and implementation, and reform the personal income tax system," she added.

"China remains steadfast in its determination to deal with climate change with the international community," said Wang. "China is willing to join hands with all countries to make efforts to walk on a sustainable path of green and low-carbon and create a home planet featuring bluer skies, cleaner water and greener mountains for our offspring."

"China-US relationship is one of the most important bilateral relations in the world, for which economic and trade cooperation is the most active and lasting driving force," Hong said.

"Chinese operators' investment in 5G will reach 5 billion U.S. dollars this year, and around 70,000 to 90,000 5G base stations will be built across the country," said Canalys Analyst Mo Jia.

"China's progress has greatly benefited the world because China has adhered to the coexistence principle," he said.