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Wang Yong, Chinese State Councilor attends the opening ceremony of the Boao Forum for Asia Seoul Conference at the Shilla Hotel in Seoul, on Nov 20, 2018. [Photo/IC]

Wang Yiming, vice-president of the State Council's Development Research Center, said that China should ramp up efforts to protect intellectual property, improve the mechanism for risk management and promote opening-up to boost quality growth.

Wang said that over the next five years, the anti-graft campaign will probably become more institutionalized and normalized.

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Wang said that with the first China International Import Expo opening in Shanghai this November, China will be the only major country to host such an expo, which shows its readiness to open up its market and share its opportunities with others.

Wang Limin, a professor of law at Renmin University of China, said Xi had also clarified work priorities - to formulate an overall plan for building the rule of law, strengthen the law-based administration of government, ensure legislation is sound, deepen reform of the judicial system and build a society based on the rule of law.

Wang called Switzerland one of the most innovative countries in the world. He said China pays great attention to innovation, seeks to build an innovation-driven economy and works to improve its legal framework, standardize market order and bolster the protection of intellectual property rights.

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Wang Peng, vice-president of the China Center for Information Industry Development, a think tank affiliated with the Ministry of Industry and Information Technology, said the ZTE crisis underlines the importance of Chinese companies ramping up resources to develop crucial homegrown technologies.

Wang also met with Emmanuel Bonne, diplomatic counselor to Macron.

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Wang also predicted that raising leeches has rosy market prospects and the profits are considerable, as only a few farmers are now raising leeches on the mainland.

Wang from the CAICT said 5G network construction will drive investments in applications not only in the upstream and downstream of the industrial chain but in other industries.