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Wang Junren, general manager of CNPC AMG, echoed Bian, saying the Silk Road Economic Belt has brought a better energy cooperation environment.

Wang came to the US in 1949 with his wife and his two youngest daughters, Hsien-chen Wang Chang and Yien-koo Wang King. He left behind his son so that he could take care of Wang's aging mother. The son made it to New York in 1979 with his family.

Wang Youxin, an analyst at Bank of China's research institute, said the recent move further implies there will be no changes to the benchmark rate, as it has already helped to shrink the gap between the two countries, mainly the short-run interest rate gap.

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Wang Rui, vice-president of SAIC Maxus, said the company's compound annual growth rate has risen by over 60 percent because of the platform, despite the overall downturn in the global vehicle industry.

Wang Qi, vice-chairman of China Alcoholic Drinks Association, said that China has become the world's largest market for spirits consumption.

Wang said the pressing issue is to resume bilateral exchanges in various fields in an orderly manner while ensuring regular COVID-19 prevention and control measures are in place, such as in cooperation of researching and developing COVID-19 therapeutics and vaccines and preventing future pandemics.

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Wang called on the Japanese side to meet China halfway, take more positive actions and properly manage and handle differences so as to create a favorable atmosphere and conditions for the proposed major political and diplomatic agenda of the two countries.

Wang said that his company saw the economic potential of Wusu given its location along the Belt and Road and its large-scale production of staple crops.

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Wang noted that China has lifted 850 million people out of poverty, contributing more than 70 percent to world poverty reduction. Meanwhile, China cut its carbon emissions by 45.8 percent in 2018 compared to that in 2005, which honored its commitment to the international community ahead of schedule and made great contributions to combating climate change, he added.

Wang Shouwen, China's vice-minister of commerce and deputy international trade representative, led a delegation responding to WTO members' questions over China's updated policies on trade, market access and investment facilitation.