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He said he expects AdMaster to list in China in the near future. "The valuations of firms such as AdMaster will be more attractive in the mainland market compared with those in Hong Kong or New York."

He said China has delivered its commitments in international conventions and played an important role in punishing international crime and developing a global governance based on democracy and rule-of-law.

He said revision of the Product Quality Law will need the approval of the National People's Congress, the top legislature, but there is not yet a clear timetable.

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He said last year that nuclear energy plays an irreplaceable role in China's energy security and energy structure optimization, while it will also help to reduce air pollution caused by coal-fired power generation.

He said China has always stressed that its Belt and Road Initiative is open, inclusive and transparent, adding that Beijing would welcome the US plan if it was only aimed at promoting economic cooperation.

He said he felt privileged to receive the prize, and would ensure the prize money is used to helping more young people around the world gain access to learning opportunities and learning content.

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He said that Congress will await the Trump administration's report in the next two days and that the US will need to be clear about the ramifications of sanctions, given Saudi Arabia's strategic role in the Middle East.

He said since the country has successfully regulated the real estate market — to avoid speculation and a housing price surge — the future of the rental market is positive.

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He said Hong Kong will become more irreplaceable for China as many corporations listed in the US may take a secondary listing in the city to allow international investors to maintain their stakes in these companies.

He said Beijing should sharpen its capability to manage its dense population, as people will continue to move in.