Wang Yuanhong, deputy head of the Department of Economic Forecasting at the State Information Center, said the fast growth of high-tech industries and the service sector reflects the ongoing upgrading of traditional industries and the optimization of China's economic structure, while the digitization of traditional industries and consumption provides new growth momentum, which all indicate a promising future of the Chinese economy.
Wang said China will further cement high-level contacts with the Cambodian side, jointly promote the Belt and Road cooperation and deepen practical cooperation in all fields.
Wang Xiaodong in Beijing and Zhao Huanxin in Washington contributed to this story.
Wang Lei, secretary-general of the expo's secretariat, said at the closing ceremony that the high-profile event also advanced important international cooperation mechanisms, such as the New International Land-Sea Trade Corridor, as well as further promote the Belt and Road Initiative.
Wang has been sent to Guangzhou No 8 People's Hospital, a designated hospital for COVID-19 patients in the southern metropolis, for treatment, said the statement.
Wang Yuan, a member of popular Chinese boy-band TFBOYS, has been appointed by the United Nations International Children's Emergency Fund (UNICEF) as a Special Advocate for Education.
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Wang congratulated Gambia, Burkina Faso, and Sao Tome and Principe on being the newest members of FOCAC.
Wang said tax cuts, undoubtedly, would ease the burden of low- to middle-income earners and boost domestic consumption — a critical component at a time when exports are set to drag down GDP growth amid growing protectionism. But, the reduction would only have a small impact on the overall economy as income taxes account for just 1 percent of national GDP.
Wang also met with Pakistani Foreign Minister Khawaja Asif on Monday, and said China is ready to bring its ties with Pakistan to a higher ground and have closer strategic communication.
Wang Zhuoqiong and Fan Feifei contributed to this story.