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Chinese President Xi Jinping and US President Donald Trump will address the summit and have further interactions with the business community on Friday.
China's performance has strengthened the confidence of foreign multinational corporations in the Chinese market. MNCs such as General Electric, Fujifilm, Schneider Electric, Schindler Group, and Air Liquide Group swear by their expansion plans in China, despite the COVID-19 impact on the economy.
China's trade with the EU, the United States and Japan totaled 875.93 billion yuan, 668.01 billion yuan and 465.68 billion yuan between January and March of this year, dropping 10.4 percent, 18.3 percent and 8.1 percent year-on-year, respectively.
China's services trade structure maintained its steady improvement during the first six months of this year with a narrowing deficit and strong resilience in the trade of knowledge-intensive services, according to the Ministry of Commerce.
China, the world's top soybean importer, curbed purchases of US soy last year when Trump imposed tariffs on Chinese goods, prompting China to retaliate with tariffs on US soy, pork, corn and other products.
