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"But the global pandemic and economic situations are grim and complex. The task of preventing a rebound in infections is still arduous, and poses risks and challenges to China's economic development."

"China may also increase input in science and technology, research and development, and education," she said. "Its investment in basic research and frontier technology fields, such as semiconductors, robotics and high-end manufacturing, is expected to increase and further push development of the digital economy."

"China hopes that the two countries will enhance understanding, manage and control differences and expand cooperation through Pompeo's visit, pushing forward bilateral relations to keep developing on the right track," he said at a regular news conference.

"China now is our No. 2 market for international tourism, we also share world heritage cultural distinctions," Kenney said, adding that this January, representatives from the Philadelphia department of commerce visited China and discussed more opportunities for collaboration.

"China has entered a stage of stable leverage as the country's deleveraging efforts have delivered primary effects," Liu Shijin, vice-president of the China Development Research Foundation, a government think tank, told the Economic Daily.