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"Fintech is making profound changes on the financial landscape," said Jiang Yang, vice chairman of the China Securities Regulatory Commission, China's top securities watchdog.

"For younger buyers, bigger cars have also become a popular choice because they look more cool and driving them brings a feeling of adventure," she said.

"From a long-term perspective, population determines economic growth. Even though it will take a certain amount of time, the number of consumers will determine the potential of economic development in both developed and developing economies," he said.

"Greater cluster for the companies, more integrated development among the AI technologies with local industries and strengthened innovation efforts are key for China to offset the impact brought by the technology barriers made by the United States," said Liu.

"Given the different development stages of G20 members, it is only natural that we may have diverging interests and views on some issues," Xi said. "The important thing is to always promote partnership and treat each other with respect and trust, and in that spirit engage in consultation as equals, manage differences while seeking common ground and build greater consensus."