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China and the United States issued a joint statement on Saturday on the economic and trade consultations, vowing not to launch a trade war against each other.

China Unicom quoted data from market research agencies that China will boast 350 million users of esports services by the end of 2019, with 30 percent of them aged below 35 years old.

China allowed foreign capital to take control of futures companies, mutual fund management companies and securities firms last year. In July, the office of the financial stability and development committee under the State Council, China's Cabinet, announced the full removal of foreign ownership caps in those sectors in 2020.

China and CEE countries have worked together to improve transport networks, including Serbia's E763 highway project and the overhaul of the Budapest-Belgrade railway, as well as other infrastructure projects, such as a thermal power plant in Bosnia and Herzegovina.

China Literature Ltd, a leading online literature platform in the country, is ramping up its efforts in online paid reading services, as reading via mobile phone apps has become one of the most important channels for people to gain information.