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"Cross-border e-commerce greatly lowers the bar to enter global trade as the scale of doing business online doesn't need to be huge. Thereby, it is involving more participants, especially SMEs, in commerce worldwide," said Liao Xiaoqi, former vice-minister of commerce, prior to the Boao Forum for Asia, which officially kicks off on Thursday.

"Confronting a grim situation both at home and abroad, China will come up with more targeted measures to boost consumption, such as promoting new types of consumption and creating a better consumption environment," said Qian Fangli, director-general of the department of electronic commerce and informatization at the Ministry of Commerce.

"Cultivating science and technology talents is an urgent need. As a corporate citizen with a strong sense of social responsibility, IBM always sees education as the most important area. Therefore, we launched the program," said Lin Jiangang, director of IBM Greater China Group's department of brand, communications and citizenship.

"Compared with the world's leading ratings agencies, Chinese companies still have a long way to go to improve service quality," said He.

"China's position on the Kashmir issue is clear and consistent. It is an issue left over from the past between India and Pakistan, and this is also the consensus of the international community," Hua said, urging both sides to peacefully settle this issue through talks and consultations and safeguard peace and stability of this region.