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"China's rate of account ownership - a basic metric of financial inclusion - is on par with that of other G20 countries," it said.

"China's CPI growth is expected to fall after peaking in 2020. The nation's economy is highly resilient and has tremendous growth potential. The gradual resumption of work in the industrial and agriculture sectors and the adequate supply of various consumer goods provides a solid foundation for price stability."

"Currently, China's early childhood parenting and preschool education lags behind global standards, and China's vocational education also needs further improvement. All of these shortcomings will hinder China's labor market from transitioning to an AI-led future."

"Corporations have to pay tax and avoid illicit financial outflows. Governments have to close tax loopholes which rob the poor of the money required for healthcare, education and development," she said, noting that Africa loses over billion per year in illicit financial outflows.

"China's economic development is a process of actively integrating with economic globalization and constantly expanding its opening up," the NDRC said, adding that with better industrial, policy and legal environments, China has the foundation for opening up at a higher level.