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Crude production has soared as well this year. The International Energy Agency expects non-OPEC output alone to rise by 2.3 million barrels per day (bpd) this year. Oil demand next year, meanwhile, is expected to grow by 1.3 million bpd.

Cross-border e-commerce businesses also demand easier and faster customs clearance for traders from both sides, Hou said. He suggested the government should forge more cooperation with other countries in simplifying customs clearance.

Currently, the country accounts for nearly 50 percent of the global market share, Yang noted, adding that foreign-invested enterprises contribute more than 30 percent of IC sales revenue on the Chinese mainland.

Currently, Tencent Holdings Ltd, Huawei Technologies Co Ltd, ZTE Corp, Iflytek Co Ltd and other leading tech and digital-related companies have registered for the exhibition.

Customs data also showed that a leading indicator for China's exports rebounded from 41.1 to 41.6 month on month in January, signaling positive potential in exports.