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He said Biden is "very much hostage to events", because normal campaigning is not possible. "He cannot sit safely on his lead," Paal said.

He said more than 5,100 test results for sewage in key areas, including designated hospitals, makeshift hospitals and quarantine spots, approved safe and domestic sewage treatment facilities have also been in proper operation.

He said that the SASAC will impose targeted regulations on different types of SOEs this year depending on their debt risk. For example, it will introduce stricter regulations on SOEs with both higher debt ratios and facing deleveraging difficulties, he said. At the same time, SOE's performance in deleveraging will be included in their company evaluations.

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He said since construction of the Hainan Free Trade Zone was launched in April, major national and international enterprises have come to Hainan to show their interest in and support for the development of the Hainan Free Trade Pilot Zone, which was expected to show significant progress by 2020.

He pointed out that the groups devising and setting the rules of globalization have been large corporations, many in the US. "And they have been the big beneficiaries," he said on Tuesday in a talk about his latest book Straight Talk on Trade: Ideas for a Sane World Economy.

He said his team is ready to start testing the vaccine on animals as early as next week with human studies in the summer if enough funding is secured.

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He referred to possible paths to success. One is the so-called dual-brand strategy, meaning that companies operate under different names in domestic and overseas markets.

He said more compensation for mental suffering would also show a court's determination to combat miscarriages of justice and protect human rights.

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He said that if the "US is picking and choosing which international obligation it's going to abide by, we are giving a license to other countries, not just to retaliate against us, but to imitate us".

He said some believe that the US attack on Huawei is aimed at impeding China's development.