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He also said that the government needs to give guidance and support on how social investment can increase in the sector.

He added that China will also develop an "air silk road" to connect China with the world.

He also called on the nation to salute those diligent, brave Chinese as well as the nation's heroes, model workers, veterans and all who contribute to the country's development.

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He also said that one of the key jobs for financial regulators is to build a comprehensive supervision system, both online and offline, to tighten controls on capital flows, both internally and across the border.

Having taught at the CCOM several times over the years, Muller met many interesting students. "There is so much talent here. It's always a pleasure to come," he said.

He added that he’s looking forward to seeing what Bezos does with The Post, particularly because of his success with Amazon and other investments.

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He added that a new defense secretary "will be named shortly".

He also expected China to exert its influence more often in the future, in particular, at the United Nations.

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He announced last week the plan to invest billion in the next four years to build a factory in Wisconsin in the US. However, US President Donald Trump said Foxconn's total investment will triple, according to Bloomberg.

He added that the measures were introduced to let the market recover more by itself.