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"Counties and townships shall also be included when boosting rural consumption, as they boast enormous potential. High-end consumption in big cities should not be our sole focus," Li said. "County consumption capacity is modest, yet it will grow and upgrade. Efforts should be taken to adapt to different consumer needs and improve people's lives."

"China's emphasis on robust policies for imported consumer goods has boosted confidence in the sector and stimulated consumers' appetite. At the same time, consumers' desire for diversified, personalized and quality goods is being increasingly satisfied and unlocked," said Zhang Tianbing, head of Deloitte Asia-Pacific consumer products and retail industry.

"Competition among AI companies has turned to a scramble for talent," said Liu Wanqian, CEO and founder of PlusAI, a startup specializing in autonomous driving. It boasts a road test license in California.

"Cross-border e-commerce improves logistics efficiency and saves time," Li said. "Vietnamese customers can place orders on popular local shopping sites like Lazada and Shopee. It takes only one day to transport our goods from Hekou to Hanoi, and at most three days to reach Ho Chi Minh City.

"China will work with Kenya to realize the promise of the Belt and Road Initiative as well as the promise of the Forum for China Africa Cooperation. China will always see African states as development partners no matter how the international landscape may be shaped," he added.