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Around 2000, I attended a business debate in Mumbai, India, whose content, it seems in retrospect, is proving to be prescient in the context of the current novel coronavirus developments.

As China's development has entered a new era, it is creating more opportunities that the world will not want to miss. The Belt and Road Initiative, proposed by China in 2013, is creating jobs and driving growth for countries and regions along the routes, Niu said.

As China's consumer market evolves, foreign companies operating in the country have also been shifting their model from "made in China" to "made for China", he said, noting that some 78 percent of the firms now produce goods and services in China for the local market, while the proportion was less than 23 percent in 2003.

As 2018 is the 40th anniversary of China's reform and opening up policy, the country's door to the world will only become more open.

Artists and organizations have been invited to submit logo designs for the new Giant Panda National Park, with the winning design set to win 100,000 yuan (,370).