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"Even for a stable coin, no matter whether it is pegged to one currency or a basket of currencies, when used in cross-border payments the process is complicated since the account holders need to convert their currency to the pegged currency basket and vice versa," Moon said.

"Expanding channels for small and medium-sized banks to replenish capital will further improve their risk resistance capacity and the ability to serve agro-related businesses and micro and small enterprises. This is important for safeguarding employment, people's livelihoods and the development of market entities," he said.

"Despite the uncertainties that affect China's economic growth, supportive policies including tax cuts, State-owned enterprise reform and policies bolstering the private sector will provide long-term momentum for the economy, and we expect GDP as well as power consumption this year will continuously retain medium-to-high speed growth," he said.

"Despite progress, financial literacy education remains a challenge to China and the world, given financial knowledge learning is a dynamic and lifelong process," Zhou said.

"Energy cooperation is a win-win for both countries," said Tudevkhuu. "Electricity from the proposed future power station will be transmitted to Tianjin for onward distribution to other regions in Northeast Asia."