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He Zhenwei, secretary-general of the China Overseas Development Association, delivers a speech at a news conference held July 5. [Photo provided to chinadaily.com.cn]

He added that only high-value and seasonal products were sent to Europe by rail initially.

He added co-working spaces have brought about a variety of resources and cooperation opportunities for member enterprises. They cover business, finance, the supply chain, and will speed up the growth of entrepreneurial and innovative startups.

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He also said the one-China principle is a norm of international relations and universal consensus of the international society when answering a question about the Solomon Islands' likely break of "diplomatic relations" with Taiwan.

He added, “Amazon acts like it’s not responsible for counterfeits being sold by third-party sellers on its platform, and we’ve heard that Amazon puts the burden and cost on brand owners to police Amazon’s site, even though Amazon makes money when a counterfeit good is sold on its site.”

He also asked leading officials at all levels to take the lead in the campaign.

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He accidentally fell into a fire pit when he was 1-year-old. As a result, he lost his right arm and right ear. His mother died of illness when he was 8, and his father struggled to raise him and his sister.

He added that the size of the market for foreign language education in China is expected to reach 600 billion yuan by 2020, and the market size of overseas study services might exceed 56 billion yuan.

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He added that customs procedures now only take around two minutes, compared to 20 minutes in the past, while paperless customs declarations can be completed within 20 seconds.

He Yajun, chief finance officer of IKEA Supply China, said the internationalization of the renminbi has led to more convenient transaction procedures and helped companies to avoid certain risks, enabling IKEA China to integrate into the corporation's global settlement strategy.