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As to industry, China has metamorphosed from a barely self-sufficient country into the largest exporter in the world over the past four decades. Now the country enjoys a leading position in many fields, including mobile communications and high-speed railway.

As the Chinese currency is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by trade surplus and foreign investment in the country, adding funds to the money market.

As the spread of the novel coronavirus disease is now under control in China, the government should consider launch of forceful expansionary fiscal and monetary policies to stimulate economic growth.

As the Organization of Petroleum Exporting Countries has been sticking closely to the planned oil-production cuts to guard against the market recovery and Chinese refiners' run rates have recovered in the third quarter, it is expected oil demand will stay healthy, said insiders.

As to the clamoring by some in the US for separating the Chinese economy from the US economy, Cui earlier said that the two largest economies are so interdependent and have such shared responsibility to the global economy that they couldn't just be disengaged.