Yu also said that Huawei is open to selling its 5G modems, a key component of smartphones, to Apple, as the United States tech giant is having difficulty in finding an appropriate supplier.
Yet, China still faces headwinds. It counts on exports for roughly one-fifth of its economic output, making it reliant on customers in the US and Europe overcoming the virus. It must also prevent its own resurgence in COVID-19 cases, the article said.
Yiwu, dubbed the "World's Supermarket," receives more than 550,000 overseas buyers and sells commodities to more than 210 countries and regions every year.
Yu said that each time she sees a couple tying the knot in the bookshop, she feels "very, very happy for them."
Yuan Ruiqing, director of Jiangsu Provincial Communications Administration, said the province had more than 5,400 5G base stations by August and the number will rise to 10,800 by the end of this year. The official said that each of the province's 13 cities have developed specific plans to manufacture 5G equipment.
Yingkou Port Group Corp signed an agreement with Russian Railways to jointly develop an international logistics center in Moscow last November.
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Yuan said disparities between different regions should be taken into account when relaxing China's existing family planning policy, and policies suitable for different areas or different groups of people should be adopted rather than a unified national policy for all places.
Yu also said that supply-side reforms of steel enterprises have helped reduce capacity, deleverage debt, cut costs and boost performance, citing examples of enterprises such as China Baowu Steel Group Corporation, HBIS Group and Shougang Group.
Yuan has more than 40 years' experience in the culinary industry. He used to work in Quanjude, a time-honored restaurant known for Peking duck, and other renowned dining venues.
Yuan said her view of American students also changed: "They are smart and study hard."