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As the largest steel company in South Korea, POSCO has been rated as the world's most competitive steel enterprise by industry journal World Steel Dynamic (WSD) for 10 consecutive years.

As the world's second largest economy and the biggest contributor of global economic growth, China's innovative concepts on improving global governance and promoting global peace and common prosperity have gained wide recognition and support from other countries.

As we speak, China's manufacturing sector is basically open. It is gradually lifting restrictions on access to the modern services sector. And it is opening up the financial sector with accelerated pace and at a higher level. Going forward, China will continue to quicken its steps to increase market access for foreign investment. Take for example foreign ownership caps in joint venture firms in sectors such as securities, future and life insurance. China has brought forward the deadline for lifting the caps from 2021 to 2020. At the same time, China has also cut short the 2019 edition of the negative list on foreign investment, reducing the 48 items on the list to 40.

As the starting point of the ancient Maritime Silk Road, Fujian province is striving to restore its significant role with the aid of digital technology, said a senior official of the provincial government.

As private firms are important builders of socialism with Chinese characteristics, the country will unveil more policies to push for the steady development of those firms, the statement said.