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"Considering the structural price rise, it is unlikely to see China heading for stagflation in 2020," Cheng said.

"Chinese President Xi Jinping once said, 'when the youth rises, the country rises; when the youth is strong, then the country is also strong'," Liu said.

"China will continue to outshine others at a time when the developed countries are expected to remain mired in economic stagnation," said Justin Yifu Lin, former World Bank chief economist, at the forum, adding that China's economy will remain robust and serve as the world's economic engine.

"Chinese Americans shall not tolerate racial discrimination, and shall fight for our rights and dignity," said Deng.

"Currently, COVID-19 is eroding human life and health. The world has fallen into a deep recession. Global governance is facing serious dilemmas with huge tides of unemployment, bankruptcies and supply chain disruptions as well as the ever growing deficits in governance, development and trust," Wang said.