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Another reason preventing a further easing of the monetary policy is the need to prevent systemic financial risks. But fiscal policies can play a major role in supporting economic growth in China, he said. "When unconventional monetary policies are becoming conventional, it will be difficult to come back," which in turn may lead to corporate debt surges or stimulate property bubbles.

Announcing that 2020 will be the Year of China-CEEC Agricultural Diversity Cooperation, the participants said they support expansion and deepening of cooperation in sustainable agriculture through academic discussions, project docking, talent training and exhibitions as well as forums.

Another factor contributing to the growth of the singles population in the US is that for some the age for getting married is getting older.

Another key event was the poverty alleviation aid signing ceremony. A number of Chinese key enterprises have invested in Tibet to help its poverty-stricken people.

Ant is duplicating its "Alipay model" overseas, inking a string of deals in the past two years with local firms across India, Thailand, Pakistan and Bangladesh to offer similar services for people with inadequate access to financial offerings.