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Li said China would like to maintain high-level exchanges with the German side, and ensure the new round of China-Germany Inter-Governmental Consultation a success so as to promote bilateral cooperation to a deeper, broader and higher level.

Li said China Chengtong will also facilitate the integration of State-owned assets and private capital to further diversify the development of China's SOEs.

Li is a long-standing observer of the economic scene in the region. He said local companies have vigorously promoted supply-side structural reform to adapt to the market, and governments have prioritized the work of improving the business environment.

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Li highlighted the importance of restoring international industry and supply chains as early as possible to energize the global economy, saying that joint efforts must be made to promote trade facilitation and investment liberalization.

Li said by partnering with other SOEs such as Sinopec Group and China National Petroleum Corp, the company will also diversify its business lines from producing table and industrial salt to developing salt-cavern gas storage facilities to improving its earnings ability in the energy field.

Li said China would work toward meeting the goals of becoming a moderately prosperous society and eliminating all extreme poverty in time for the 100th anniversary of the Communist Party of China next year, despite not setting a target for GDP this year.

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Liang Yaru checks scratches from sandbags on her husband Hua Lingyun's arm during a break in Poyang county, Jiangxi province, on Wednesday. PROVIDED TO CHINA DAILY

Li said China will open its door even wider.

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Li said his province fully supports the economic construction of Macao and urged both sides to seize the golden opportunities brought by the development of the Guangdong-Hong Kong-Macao Greater Bay Area to advance cooperation and exchanges in the coming years.

Liang, one of the richest people and a well-known figure in Dongguan, was once an entrepreneur in the city, one of the major production bases in the mainland. He is said to own property worth more than 2 billion yuan.