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"Currently, private businesses create 80 percent of China's jobs, but only share 20 percent of the social resources. The president's speech shows that the private sector is an important part of China's economy and the country will continue to support the development of companies in the private sector," Dai said.

"China's growing demand for high-value-added products and services, especially for its automobiles, home-related service businesses and manufacturing projects, offers many growth points," Tyroller said.

"Chinese auto exports are recovering after years of decline, with Egypt being one of the biggest export destinations among the Arab states since 2015," said Wang Xia, chairman of the Automotive Industry Committee of the China Council for the Promotion of International Trade, in his speech on Thursday at the conference held in the Ningxia Hui autonomous region.

"Compared with traditional venture capital, CVC has the advantages of a longer investment cycle and higher risk tolerance, and it can offer startups with more value-added service," he said.

"China will further deepen the production capacity collaboration with the ASEAN as the country has an abundant amount of advanced production capacity and equipment, which ASEAN needs," said Gao. "China is willing to better implement the Joint Statement between ASEAN and China on Production Capacity Cooperation."