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China has been transitioning to a more consumer-based economy (from an infrastructure driven one) very successfully over the past five years. By opening up the market, China will help stimulate world growth and bring a range of innovations to the globe that have not been tapped before, Meacock said.
China has also filed a request for similar consultation over the US tariff hike proposals based on the Section 301 investigation.
China has always attached importance to Europe and pursues a positive policy toward the continent, he said.
China has been supporting its medium-high speed of economic growth with a comparatively lower energy consumption growth, it said.
China has about 18,000 kilometers of coastline. More than half of the country's exploited coastlines are used by the fishery industry while transportation and urban infrastructure occupy about 20 percent of the coastline, said Guan Daoming, director of the China Marine Environmental Monitoring Center.
