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With reference to the CIIE, he said all countries and regions across the world should try to seize this opportunity and be prepared to expand their capacity to bolster exports to China.

Greater efforts should be made to keep foreign trade stable and improve the quality of exports and imports, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang.

Kawakatsu introduced the historical origin and current development of Shizuoka's friendly exchanges with China, saying that whether the development of Japan-China relations is smooth or experiences ups and downs, the friendly feelings of the Japanese people towards China have never changed.

It is the fourth roundtable meeting for Li and leaders of the six institutions. This year's meeting features the theme of "promoting openness, stability and high-quality development of the world economy."

In China, Taobao Live, the Alibaba live-streaming sales platform, reached a turnover of 100 billion yuan (about 14.93 billion U.S. dollars) in 2018, with an annual growth rate of 400 percent. More than 600,000 varieties of commodities are sold via the platform.