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China's courier industry is expected to be handling 1 billion parcels per day within five to eight years, but few couriers have developed the capabilities needed to cope with that astonishing amount, said Jack Ma, Alibaba's billionaire founder and chairman.

China's cross-border trade with Africa is expected to see rapid growth, thanks to an e-commerce platform launched on Wednesday that will further bolster commercial ties and cooperation between the two sides.

China's economy contributes more than 30 percent to global economic growth. Its economic development in the past four decades has been established with the spirit, ingenuity and hard work of the Chinese people, combined with the reform of the economy and opening to foreign ideas and investment, Tim Cook, chief executive of Apple Inc, said at the opening ceremony.

China's economy will continue to rebound in the second quarter but the recovery pace may be constrained by external uncertainties and a global downturn, therefore stronger domestic policies are needed to ensure a steady recovery for the rest of the year, economists said.

China's experience in developing the electric vehicle segment can benefit the fuel cell vehicle segment because current problems are basically the same as when the country started its initiative to promote electric vehicles a decade ago, Wan said.