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China has rolled out a series of measures to stimulate consumer spending and boost economic growth. What opportunities are there for your business?

China is currently implementing a reform plan for the country's oil and gas industry, eyeing improved efficiency and competitiveness by giving the market a decisive role in the sector, including allowing private companies to take part in upstream oil-gas exploitation, encouraging midstream pipeline owners to split gas sales from pipeline business for more efficient allocation of resources.

China is expected to produce trillion in GDP in 2017, thus keeping its status as the second largest economy in the world and contributing as much as 30 percent to the global growth, noted Qian Bo, the Chinese consul general.

China is the world's largest beer market by sales. According to Kantar Worldpanel China, Tsingtao Beer had the biggest market share of 29.3 percent last year.

China hopes the two sides will implement their consensus as shown in the declaration, and contribute to a political settlement of the Korean Peninsula issue and lasting peace of the region, Geng added.