He said China is now the Philippines' top trading partner, the second-largest source of tourists and one of the largest investors.
He said innovation has saved the textile company from going bankrupt. The factory had trouble in business due to rising cost at home and stagnant export market. Hu said the company of 800 employees had to lay off some 200 people when the business was bad.
He said he is confident about the growth potential in China's beer market. The country is growing to be a major market for premium beer on the back of the ongoing consumption upgrade, he said.
He said science and technology determine military combat capabilities so the People’s Liberation Army must make more effort in research and development and continue to boost innovation.
He said evaluation difficulty is a major deficiency of the nation's existing IP funding channels, thus causing problems for financial institutions to find firms with core technologies.
He said he "absolutely agrees" that the court must establish clear sentencing guidelines for flag desecration.
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He said that local governments' income is projected to reduce by 800 to 900 billion yuan (2.39-126.48 billion) this year, and some areas may face large pressure.
He said other efforts will continue, such as draining water from the cave and exploring the mountainside for shafts and other entrances to the caverns below.
He said he had not seen any actions endangering such freedom.
He said improvements to people's living conditions had seen the average life expectancy in China rise to 77.3 years last year, which had led to calls for the age limit on first-time driver's license applications to be lifted and for more convenient physical examinations.