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As for the life insurance sector, PICC Life Insurance Co Ltd aims to see its proportion of regular premium to reach 90 percent of 2022. Usually, the higher portion of the regular premium indicates the greater potential of the total premium income.

As a leading new energy carmaker in China, BYD sold 24,000 units of new energy vehicles last month, up 72.5 percent year-over-year and accounting for 63.2 percent of its total sales volume in April.

As a firm supporter of multilateralism, China won wide recognition at the forum for its efforts to adhere to peaceful development, use sustainable development as its national strategy and benefit the world through its own development, especially the Belt and Road Initiative.

As banks accelerated credit supplies, new yuan loans may reach around 1.5 trillion yuan (1.6 billion) for last month, the China Securities Journal reported, citing a forecast by Hua Changchun, chief economist with Guotai Junan Securities.

As for the WTO, Wang said it represents the rule-based multilateral trade system, and its core values and basic principles must be respected.