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Recent major merger has provided firm with vital support to fulfill strategic goal

Rebecca Liebert, UOP's president and CEO, leads that effort with her emphasis on making complex things simple－she calls it her forte－and collaborating with Chinese companies.

Reforms should also be deepened to adequately separate the jurisdiction system from the administrative divisions, according to the document.

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Regarding future big trends, Peng said the industrial internet will be the company's next investment focus.

Rather than relying on raising deficits or easing monetary policy, the Chinese government will seek to further stimulate the vitality of the market and to power growth through more reform and opening-up, he said.

Raffarin noted that the measures mentioned in Xi's speech for expanding China's opening up will be helpful in strengthening China-France economic ties and will also be beneficial to enterprises and the people in both countries.

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Reducing government debt for a project of this size and scale also makes sense.

Regarding reports that Nigeria, the United Arab Emirates, Bahrain, Jordan and Ecuador have asked Taiwan to rename its representative offices in their countries, Lu said that the Chinese government "speaks highly of these countries' dealings with Taiwan-related issues following the one-China principle".

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Recently, a pair of waders standing erect on the ground went viral. In order to replace a damaged part of water storage well, Li Hongquan, a plumber at Nancha Railway Station, Heilongjiang province, had to work standing in deep water. When he climbed up from the well, the extreme cold made the waders freeze minutes later. [Photo provided to chinadaily.com.cn]

Rachel Duan, president and CEO of GE China, echoed Rice's point. "When it comes to trade, it may not exactly be from one country to another... In the future, you really need to use the collaboration model in the entire world landscape, and bring production factors like human capital and suppliers to where they are needed, regardless of country."