He added that new models and businesses are quickly emerging in China, including the acceleration of omnichannel transformation, e-commerce and the big data-driven digital economy, which are creating new ways of engaging with consumers.
He added that as the pandemic worsens globally, cross-border travel and flights will continue to stagnate, but people should remain patient and wait for vaccines to be developed before they can travel safely. As China has the virus under control, he looks forward to travel to the mainland resuming soon.
He arrived in Wuhan on Saturday and has conducted extensive inspections to learn about the current situation, the report said.
He added that the central bank would take the lead in coordination among supervision institutions.
He added the central government should establish other ways to implement high-level inspections to keep the pressure on irresponsible officials and companies for longer than just a month.
He also urged SOEs to be strong, improve self-reform, keep up with the times and address their weaknesses through reform. The SOEs should also pay attention to the work of building up the Party, he added.
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He also said fast-paced work and life, and less spare time, appear to have become a norm for most city dwellers. So, home appliances' functions will become easier to use and help save more time. In the next few years, small-sized home appliances will become more exquisite and well-designed in China.
He also pointed out that the police have noticed a worrying trend of a lack of awareness of the law among young people.
He argued last week that the ongoing legislation, known as the Foreign Investment Risk Review Modernization Act of 2017, “would expand government bureaucracy, hamper the global competitiveness of US corporations, and subject the process to unwarranted political considerations”.
He also said it had less than 20 Chinese now, but this population would increase in the future.