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As we celebrate Mr. Perry's award, we also need to take a moment to renew our commitment to China-UK relations. We need to think about how to build on our past achievements and forge ahead to make steady and sustained progress in the "Golden Era". I believe from Mr. Perry's award we can learn three important things.

As socialism with Chinese characteristics has entered a new era, it is important that the country strives to make more contributions to mankind. China's unparalleled success in reducing poverty nationwide in the past three decades, a key feature of Chinese wisdom, is proof that the central leadership holds sustainable development, balanced growth and people's well-being in high regard.

As the novel coronavirus pandemic continues to spread throughout the world, preventive measures targeting imported cases have become a pressing challenge in China.

As supply-side structural reform continues, government debt will be under stricter control. On the other hand, China's GDP growth is expected to increase at a high pace, which will serve as a fundamental support for local government debt risk control.

As two-way movements in the yuan exchange rate have become increasingly flexible and the macro-prudential regulation on cross-border capital flows continues counter-cyclical adjustment, China can cope with external shock and ensure stability in the forex market, it said.