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China has adopted a strategy of cooperation rather than competition. Its economic growth has been described as an "economic miracle", as it has overtaken many of its old trade and economic adversaries. Its growth model goes back to the late 1970s, when China introduced far-reaching economic reforms.

China has been the world's second largest importer of goods for nine consecutive years, and took 10.2 percent of global imports last year. The Chinese government expects the country to import goods worth trillion in the next 15 years, according to the information released by the Ministry of Commerce.

China has about 19,000 courier companies, most of which are vulnerable small businesses in a fragmented market. Capital inflow is revving up competition and forcing out players.

China began to construct its Beidou navigation system, named after the Chinese term for the Big Dipper constellation, in the 1990s and started to serve the Asia-Pacific region since 2012. It is currently one of the four largest space-based navigation networks operating globally, along with the US GPS system, Russia's GLONASS and the European Union's Galileo.

China calls for relevant parties to support the improvement of inter-Korean relations, and to jointly make concrete efforts to facilitate peace and talks that push forward denuclearization of the peninsula and political settlement of the issue, he added.