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He said he expects more countries and regions involved in the initiative to emerge as popular destinations for outbound deals, a list currently dominated by developed economies such as the United States, the United Kingdom and Germany.

He said one of the key innovation powers of some big Zhejiang private enterprises lies in their bold steps of overseas acquisitions. For example, Geely Holding Group Co purchased Volvo Cars in 2010.

He said he would only accept questions about Tesla's operations, squelching any potential questions about the buyout proposal that landed him into trouble.

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He said an investigation that began in December found the case involved more than 1.3 billion yuan (5.64 million) wagered on sports, lotteries and virtual casino games. Police had frozen more than 2,900 bank accounts suspected of having been used for online gambling.

He said that he understood why protesters had taken to the streets. "They've got cabin fever. They want to get back. They want their life back. Their life was taken away from them."

He said Xi has been asking for collaboration in relation to global challenges, noting that "no country can handle the various challenges facing human beings on their own."

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He said it is important to have a society that is guided by principles and usually the leadership helps define what the principles are, after consultation with the people.

He returned to China six years ago after two decades in the US. There are many Chinese like him－"sea turtles" or foreign-educated, highly skilled professionals returning to serve a transforming motherland and, in the process, actualize their full potential amid growing opportunities to strike it rich.

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He said that China had responded with immediate mobilization of its state resources and its people since the novel coronavirus outbreak began, and the Chinese fought with their "blood, toil, sweat and tears" to combat the spread of the virus.

He said China is building a national mass entrepreneurship and innovation ecosystem to enable a better environment for entrepreneurs.