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"But the score shows that Chinese foundations have not passed the 'transparency test' and there's a long way to go," he said.?

"China is still seeing sporadic cases of COVID-19, which to a certain extent may affect the residents' confidence in consumption and the recovery in the service sector."

"China has basically fulfilled all WTO rules and rulings," said Vice-Minister of Commerce Wang Shouwen during a briefing on the white paper on Thursday, quoting Adam Posen, president of the Peterson Institute for International Economics.

"China has undertaken the biggest transformation to high-quality urbanization in the world," said Sean Chiao, president of AECOM Asia-Pacific, a Fortune 500 city-planning firm. "The potential for urban development and infrastructure is huge as a developing country."

"China experienced very rapid productivity growth, at least until recently, as pragmatic, progrowth policies helped deploy its abundant capital and labor more productively, and this included rebalancing of State and market forces in resource allocation," he said.