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"China will work with other countries to enhance macro policy coordination, accelerate international cooperation in the digital sector, step up intellectual property protection and facilitate the vibrant growth of the digital economy and sharing economy," he said, noting that such efforts will generate renewed dynamism for the world economy.

"Convenience store chains in China generated 133.4 billion yuan in revenue last year, up 13 percent from 118.1 billion yuan in the previous year. In the meantime, total store numbers also increased 9 percent from 91,000 a year ago to 98,000," said Lui.

"China's social credit system won't replace our legal system or moral principles. They complement each other," said Han Jiaping from Chinese Academy of International Trade and Economic Cooperation, Ministry of Commerce.

"Compared with its own development, the value of 5G lies more in the fact that it can empower industries," Liu said.

"Craft beer is expected to see fast growth at 40 percent at least in the next five years," said Zhu. Therefore, it is crucial for Carlsberg to get into the craft beer category in China and expand its high-end beer presence, he said.