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Consumption continued to be the mainstay of economic growth in China and contributed to 57.8 percent of GDP growth, 26.6 percentage points higher than the gross capital formation, as the country's per capita GDP exceeded ,000 for the first time last year, the National Bureau of Statistics said on Friday.

Cook explained that foreign exchange issues have amplified price differences in international markets, in particular emerging markets, which tend to move more significantly versus the dollar.

Consumption upgrade, health consciousness and pursuit of a better quality of life are all spurring innovation and expansion of meat trade in China－and Liao Xiuping, in her 30s, a bank employee in Qingdao, Shandong province, －would vouch for it.

Covering sectors including high-end equipment manufacturing, new materials, modern finance, biotechnology and food manufacturing, the deals were signed at the Europe Special of the online serial event Connecting Shandong with Fortune Global 500.

Containers were piled like mountains at the Ka Ho Harbour and large crowds of travelers were crossing the Gongbei Port linking Macao with the mainland.