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He said that the Belt and Road Initiative, in which the UAE is a strategic partner, as well as China's rising middle-income group, joint ventures and new infrastructure projects are expected to be key drivers of bilateral trade and investment.

He returned home, but in 2004 he sold his house in the US to bring his wife and two sons back to China and embark on a two-year odyssey across the country.

He said that the CIRC is ready to work with other ministries to give green channels and priorities for commercial insurance funds to participate in a national strategy as well as livelihood projects to support the economy.

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He said that in recent years, the government has launched several tax and fee reduction packages, aimed at reducing corporate value-added tax, corporate income tax, personal income tax, as well as reducing social security expenses and other administrative charges.

He said Beijing has kept its word on the protection of capital and investments in Hong Kong, and will continue to do so under the proposed national security law.

He required the CCDI to safeguard Xi's position as the core of the CPC Central Committee and the whole Party, and to safeguard the authority of the CPC Central Committee and its centralized, unified leadership.

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He said Great Wall Motor is on par with international brands in terms of quality but doesn't enjoy the same reputation, and that's the first problem it will resolve when going global.

He said he is confident about the growth potential in China's beer market. The country is growing to be a major market for premium beer on the back of the ongoing consumption upgrade, he said.

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He previously served as director-general of the Foreign Ministry's Department of Treaty and Law.

He said Hong Kong's rule of law and its position as the gateway to the Chinese mainland has made it attractive to international investors.