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Many villages, counties and small-sized cities in Henan have managed to develop an economy with their own distinct characteristics through the help of increasing labor, capital and other resources in those areas, he said.

Mark Hitchcock, general manager of New Zealand oral care brand Grin Natural, who is now busy working on the company's presence in the upcoming CIIE in November, told Xinhua that the Chinese market represented about one third of its export volume and was growing fast.

Mature and stable relations between the two countries are not only the precious treasure of both countries and peoples, but also important support for global peace and stability, he said.

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Market sources said repurchases have risen as companies are keen to shore up flagging share prices.

Many new restaurants were planning to open after Spring Festival, but the sudden emergence of the pandemic delayed construction and recruitment of staff members.

Many key measures were also decided at the session to ensure laws are being fully carried out, Yuan said.

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Mark Dorn, president of Henkel Asia-Pacific, said that China's continuous opening-up creates a healthier and more competitive business environment and new opportunities for multinationals such as Henkel.

Market consultancy iResearch said that currently the expense of acquiring customers accounts for 30 to 50 percent of the total costs for medical aesthetic institutions.

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Many booths highlight offerings to aid cross-border business

Markets within the Bay Area should be highly connected with an effective and efficient flow of resources and factors of production.