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Ling Yueming, vice-minister of natural resources, said at the opening ceremony China has made significant progresses in improving mining policies and geological prospecting in the past year. Although global mining is challenged by the COVID-19 pandemic and saw shrinking demand, in the long-run mining will remain as a fundamental industry for economic development and the driving force for mining development is still strong, Ling said.

Liu Mei (left), chairman of the Guangzhou Women's Federation, opens a summer camp for "left-behind" children in Guangzhou on July 24, 2017. [Photo provided to chinadaily.com.cn]

Liu noted that this year marks the 45th anniversary of the normalization of diploma-tic relations between China and Japan and next year will see the 40th anniversary of the China-Japan Peace and Friendship Treaty. She said the relationship stands at a critical moment.

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Liu Shiyu, chairman of the CSRC, said the market regulator will take tough measures against companies that do not pay cash dividends in spite of being able to do so.

Liu Shunli, 24, who has Down syndrome, mops the floor at a branch of the Auspicious Phoenix Bakery in Beijing. [Photo by Zou Hong/China Daily]

Liquefied natural gas (LNG) consumption has witnessed sharp growth this year with consumption reaching 167.6 billion cubic meters during the January-September period, up 16.6 percent year on year. Full-year growth in 2016 was 7 percent, NDRC data showed.

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Lin's remarks came as China positioned the Belt and Road Initiative as one that can inject vitality into the world's economy through several big-ticket infrastructure projects around the globe.

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Liu said his decision to invest in the farm was a result of his affection for the agricultural sector and for Sanfeng. However, he had no idea how complicated starting a business in the mountainous village would be.

Liu Junhai, a professor of commercial law at Renmin University of China, was glad to see the rule of law highlighted at the meeting. A favorable legal environment will encourage more people, including foreigners, to invest; it will also ensure safety in the financial industry, he said.