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The cooperation between China and the PSCs has achieved fruitful results, and it still has abundant potential to tap, Guinea-Bissau's ambassador to China Malam Sambu said at the symposium.

The country produces over 130 million room air conditioners annually, accounting for 70 percent of the global market.

The consulate launched its emergency response mechanism when the quake occurred, and consular assistance and protection officers contacted Alaskan Chinese associations and travel agencies immediately to check on Chinese citizens.

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The conference also urged efforts to promote the healthy development of the capital market, and improve the quality of listed companies.

The copyright watchdog has instigated 5,578 cases involving Internet IPR infringement and shut down 3,079 websites, with total fines of 20.5 million yuan, since 2005, said Yu Cike, director of the copyright management department under the National Copyright Administration.

The consequences for businesses if the clauses or the privacy shield were rejected could be deeply problematic, leaving many companies potentially in breach of GDPR rules, and possibly facing fines of as much as 4 percent of their annual sales.

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The country is working hard to integrate itself into the global innovation network, while optimizing the allocation of resources in a collaborative way. Qualcomm has supported Chinese smart device manufacturers in their global goal and we are delighted to see them gaining overseas success.

The consumption scale of China's elderly population will increase from 4 trillion yuan to about 106 trillion yuan between 2014 and 2050, accounting for 33 percent of the total GDP, which will make China the country with the greatest market potential for the aging industry, according to a report from the Office of the National Working Commission on Aging.

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The connect has attracted great interest among Chinese investors looking to diversify their portfolios by purchasing overseas stocks, and from global investors looking to buy into China's high-growth companies.

The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.