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Three years on, trade bonds established at the CIIE have benefited a lot of participants. Especially in a year clouded by the COVID-19 pandemic, willingness to join the expo demonstrates a vote of confidence in the Chinese market and China's role in the world.

The helplessness and hopelessness in achieving economic recovery prevail in many parts of the world, as business owners are unsure of when the pandemic will be over, and are also trying hard to maintain the operation of their enterprises and keep employees' jobs.

The EU's imports from China increased by 4.9 percent year-on-year in the January-July period, noted Eurostat.

Yi said coordinated efforts should be made to promote the opening-up of financial services, reform of the yuan's exchange rate formation mechanism, and the yuan's internationalization.

It is China's consistent belief that sound and stable China-Australia relations serve the fundamental interests of both peoples, and mutual respect is the basis and guarantee for countries to undertake pragmatic cooperation, the spokesperson said.