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"Consumer goods account for only 15 percent of China's total trade volume, but in developed countries it's 30 to 40 percent," he said.

"Companies are hiring contractors at the mid to senior and sometimes even executive level," he said.

"China will actively respond to various risks and challenges, try to reduce the losses due to the pandemic as much as possible and strive to achieve stable and healthy development of the industrial economy," he added.

"China will definitely lead the world on many environmental issues ... and it is still a major supplier to the world economy. So you can imagine its power to move markets and change behavior when the country decides to go green."

"Consumption contributed to about 64.6 percent of China's economy in the past year, and services have surpassed manufacturing in terms of contribution to growth, signaling that China is performing well in its supply-side structural reform. But investment still needs to be consolidated in maintaining steady economic growth, especially in areas of infrastructure and the real economy," Wen said.