On China's economic prospects

There is every reason to be fully confident in the future of the Chinese economy.

At present, China's economy remains generally stable and is making good progress. China saw the GDP growth of 6.7 percent in the first three quarters of 2018.

China's economy is truly performing well within the reasonable range, giving us a solid foundation for delivering the development goals for the whole year.

Compared with other major economies, China still ranks among the world's top in terms of GDP growth.

All in all, the favorable conditions are in place for the long-term, healthy and steady growth of the Chinese economy.

The Chinese economy is a sea, not a pond. Storms can overturn a pond, but never a sea.

On Shanghai's role in opening up

China will capitalize on the important role of Shanghai and surrounding areas in opening up.

1. China (Shanghai) Pilot Free Trade Zone

The country will expand the China (Shanghai) Pilot Free Trade Zone to include a new section, and will encourage and support bold and creative steps by Shanghai to advance investment and trade liberalization and facilitation so that more of its successful practices may be replicated in other parts of China.

2. Capital market

China will launch a science and technology innovation board at the Shanghai Stock Exchange and experiment with a registration system for listed companies.

China will support Shanghai in cementing its position as an international financial center and a hub of science and innovation, and steadily improving the fundamental institutions of its capital market.

3. Yangtze River Delta region

The country will also support integrated development of the Yangtze River Delta region, and make it a national strategy.