Wang Peng, deputy head of the center, said currently, the lack of good VR content is the main bottleneck in the industry.
Wang also said that since the beginning of the year, major progress has been made on the Korean Peninsula situation, "and China has made unremitting efforts for this to happen".
Wang added that the decline of the potential economic output level shrank the tax base, which may increase debt defaults. Financial risks also come from low interest rates, soaring asset prices and the expanding balance sheets of major central banks.
Wang said the country will strive to realize the Chinese Dream of achieving the great rejuvenation of the Chinese nation under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era.
Wang and Jaishankar also agreed to keep using the existing mechanisms to carry out discussions over border issues.
Wang remained in Melbourne since the start of the pandemic, though some of her classmates and friends went back to China.
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Wang compared the Belt and Road Initiative to "a circle of friends" open to all countries that share the same goals, rather than an exclusive club, saying that China has no intention of drawing geographical boundaries to areas covered by the initiative.
Wang Shouwen, vice-minister of commerce, said the APEC leaders will discuss such issues as inclusive economic growth, regional economic integration, innovation of small and medium-sized enterprises and food safety.
Wang Lin's three children still recall those workouts, when they practiced basic skills and various moves all day long. The soreness in their muscles not only honed their skills, but also ingrained lion dance into their lives.
Wang Wen, executive dean of the RDCY, said China-Russia relations are currently in the "best period of history". They have long maintained a high level of cooperation and are regarded as a model for great-power cooperation, and the two countries are both faced with similar historic missions, he said.