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Lin Jianhua, chairman of the Chinese Organizing Committee of WCP 2018 and president of Peking University, hopes that dialogue between Chinese and overseas philosophers will help enhance global understanding, build consensus and bridge gaps between China and the rest of the world.

Li said China's exports to the US in 2017 accounted for less than 20 percent of the nation's global exports that year, and the impact will only be a decrease of 2 percent to 3 percent if US President Trump's threats are seen through.

Li was echoed by Morgan Stanley analyst Andy Meng, who said he expects China will import 40 percent of its natural gas from overseas this year and more than 50 percent by 2025 to meet demand.

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Li said the international arena is undergoing fast development and tremendous changes, and the SCO is playing an increasing prominent role in maintaining stability, boosting economic growth and improving livelihoods.

Lighter e-cars also improve the endurance of the battery, said Zhang Zhenyu, commercial director of DEP for Great China region.

Li, the researcher, said better protection of IPR can incentivize businesses to increase their investments in R&D, and will benefit the country's innovation capacities in the long term.

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Li said the subsidy is just one way the college supports poor students. Scholarships, subsidies and loans have been available since 1999.

Li has called on the authorities and society to pay attention to adjust the situations as early as possible, since the population reproduction has its own rules.

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Li said the difficulty for small and micro-sized businesses in getting financed should be overcome while costs should be reduced. Small businesses are the leading forces for maintaining stable employment, and the bank's support for small businesses is a way of investing in their own future, he said.

Liaoning, a province in Northeast China known as one of the country's heavy industrial bases, will introduce more measures to improve its overall business environment and develop its high-tech sector to make it more appealing to both foreign and domestic investors.