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Wang Yi, director-general of the finance department at the Ministry of Finance, and a member of the Forum, said fiscal policy should dominate, but "short-term emergency policies should not last too long or be extended too much".Long-term easing policies may lead to arbitrage activities in sectors that have received the preferential measures, which could lead to unfair competition in the market, he said.

Wang pointed out that a platform should be set up to encourage local cooperation and to demonstrate the integrative innovation of large and medium-sized enterprises.

Wang Junsheng, an associate researcher at Chinese Academy of Social Sciences, said the Washington's strategy of putting "maximum pressure" on the DPRK is hardly affected by the recent rapprochement, adding that the new sanctions will no doubt damage the DPRK's international recognition.

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Wang Yang, chairman of the CPPCC National Committee, said political advisers should pool their wisdom and build consensus in society concerning the drawing up of the outline of the plan to help realize a good start in comprehensively building a modern socialist country.

Wang also stressed China's willingness to cooperate with the UN envoy to Libya, looking forward to resuming suspended projects, starting new projects, especially in infrastructure and investment sectors.

Wang said China would be willing to help facilitate efforts by the sides to reach out to each other in whatever form.

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Wang believed that the key factor to make a game successful is quality. Whether it is an American game or a Chinese game, "as long as it meets a high-level quality standard, people will love it," Wang said.

Wang said China's door will open wider, and the country is willing to provide a good business environment for foreign companies, including France's.

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Wang said about one in four international students at overseas universities is Chinese.

Wang co-chaired the first China-US CED together with US Treasury Secretary Steven Mnuchin and Secretary of Commerce Wilbur Ross on Wednesday. Both sides discussed a range of economic issues that will have long-term and strategic importance to the economic cooperation between the two countries.