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Liu expressed the hope that the ROK side will enhance confidence, eliminate interferences, keep promoting continued improvement of relations between the south and the north, and keep the current momentum of detente, in striving to make progress in peace talks.

Listed companies' shares are sparkling but big profits are elusive, they said.

Liu said China leads the world in technologies in such areas as face recognition, smart city management and mobile payment.

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Liu added there is a lot of potential for growth in the market for baby and mom products.

Liu Guoqiang, vice-governor of the People's Bank of China, the nation's central bank, said on April 3 that China had "abundant tools and ample policy space" to stimulate the domestic economy, whose GDP contracted by 6.8 percent year-on-year in the first quarter, according to the National Bureau of Statistics.

Liu expects the country's economic restructuring will continue to generate tangible results, with structural improvements in both external and internal demand.

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Liu said that the company wants to ensure 50 percent of its profits come from outside China within 10 years.

Liu said it is normal for major players to conduct mergers and acquisitions in the market of rail transit equipment to enhance competitiveness.

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Liu Weimin, a researcher with the Development Research Center of the State Council, China’s Cabinet, told Xinhua News Agency that part of the reason for the rising cost is that real estate agencies are eager to expand their scale as more capital flows into the rental market.

Liu and Abulimit are among the thousands of university graduates in China who have chosen to work in remote regions, where poverty is more common. This year, the central government issued a guideline to encourage more college graduates to work at the community level.