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GAC Group showcases its products at the 2020 Beijing auto show. [Photo by Li Fusheng/China Daily]

Full-time students have the lowest willingness to delay spending, said the report by the Financial Consumer Protection Bureau of the People's Bank of China.

Further progress will be made to realize one-time joint inspection by customs, border control and maritime safety authorities. The list of government administrative charges at ports will be released before the end of the year. No charges beyond the list should be collected.

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Gao mentioned lowering import tariffs on automobiles and specific consumer goods for daily use, increasing the imports of niche products in high demand in the domestic market, as well as measures to enhance trade facilitation.

Funds raised through special government bonds and local government bonds are allowed to be used for post-disaster recovery and reconstruction, the meeting said.

Gan said the administration will create and improve related regulations based on strict laws to further satisfy high-quality development and create a business environment with a better respect for knowledge.

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Fung Siu, regional manager for Asia at the Economist Intelligence Unit, said pessimistic expectations for the UK's economic growth brought on by the country's decision to leave the European Union has made the country less attractive to Chinese investors.

Gan's company has been a big success. It sold over 4 million kg of agricultural products in 2018 and 6 million kg in 2019, with sales revenue totaling 67 million yuan ( million).

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Gao, who was former leader Deng Xiaoping's English interpreter in the 1980s, believes Deng's philosophy that truth is born out of one's track record, practice is the only real test of truth.

Fueled by rapidly expanding internet and big data industries, the Chinese server market has become the main driving force behind a strong global recovery, with sales up 67.4 percent year-on-year in the first quarter, according to research firm IDC.