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China developed a draft e-commerce law in 2016 and the draft will be deliberated by the national legislature for the third time in June.

China as the world's second-largest economy and the largest consumer market has announced and will take substantial moves to further open its economy, which will provide opportunities of development for all other countries, including the US. It will be regrettable if the US companies and workers fail to benefit from China's economic liberalization moves due to Washington's refusal to cast away its adventurism.

China can carry out bilateral free trade negotiations with countries willing to open their markets within the RCEP framework and upgrade existing bilateral free trade deals to promote the formation of the RCEP, he elaborated.

China has achieved "great improvement" in IP protection and generated some of the world-pioneering practices in fighting such piracy, said Tim Pfeiffer, senior vice-president of Business Affairs for the Family & Brands division at Entertainment One UK Ltd, the company that owns the popular Peppa Pig brand and its related trademarks.

China has committed itself to eliminating poverty by 2020. In 2016, 28 counties including Jinggangshan county in Jiangxi province, were lifted out of poverty, according to previous reports.