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"China today is also a major economic power and is open to working with the United States to resolve trade and market access issues, but not through intimidation," he said.

"China sees improving people's livelihoods as key to improving their human rights. It has also been attaching great importance to promoting equality," said Qiangba Puncog, head of the society and former vice-chairman of the NPC Standing Committee.

"China will continue to deepen supply-side structural reform of the financial sector to increase supply of long-term assets, mainly by supporting asset management companies of insurers to set up long-maturity products. The country will also make product innovations according to the financing needs of the real economy to enrich the long-term asset market and foster a transaction market for long-term asset investments," Yuan said.

"Currently our government and universities are producing a lot of management-level people for the IT industry as well as technical people with specific technological capabilities when it comes to working on networking systems, data base administration and software development," Rahman added.

"China's appetite for consumer goods－on steroids post-COVID－continues to amaze the rest of the world," said Jacques Penhirin, the Oliver Wyman partner who led the survey.