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"Compared with the policies allowing foreign banks to set up branches in China, in addition to wholly owned subsidiaries and joint-venture banks, or remove caps on foreign ownership in Chinese financial institutions, we pay higher attention to the policies that expand the business scope of foreign banks," he said.

"Clearly, we support what the Chinese government is trying to do," he said. "We don't own the pandas, but the whole world wants to help save the panda, and we do that through our knowledge exchange."

"China's steel manufacturing infrastructure is the most advanced in the world. The small and unregulated steel mills, which are producing substandard steel with high pollution, should be eliminated," Li said.

"China's financial sector will be much more competitive, our capital markets will continue to enjoy healthy development, the building of a system of modern industries will be accelerated, our market environment will be greatly improved, and intellectual property rights will be effectively protected. In short, China will enter a new phase of opening-up," she added.

"China's employment situation is holding steady, better than other major economies," he said. Wei told the media that the current employment situation will lay a solid foundation for stable and healthy economic development next year.