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Cross-border e-commerce platforms in China have stepped up efforts to open more brick-and-mortar stores, hoping to cash in on growing demand arising from consumption upgrades and the rise of middle-and high-income Chinese shoppers, said industry experts.

Currently, Walmart has more than 400 hypermarkets in the Chinese mainland, including three compact hypermarkets in Shanghai, Kunming in Yunnan province, and Wuhan in Hubei province.

Cui said there is increasing competition between the two countries. Despite of the debates on the recurring topics of engagement versus confrontation, engagement should still be the right choice.

Currently, China has formed a relatively complete data supply chain, and the data industry system in data collecting, data annotation, data storage, business intelligent processing, data digging and analyzing, data security and data exchange have also been formed. The country's data management and data application capabilities are continuing to improve, CCTV News said.

Customers can access to the show not only in person, but also via short videos and live broadcasts as well.