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China is the world's second largest broiler meat consumer. Since 2015, the US has been restricted from the market due to highly pathogenic avian influenza outbreaks.

China has rapidly emerged in 2018 as the second-largest market for smart speakers after the United States and is expected a 12-fold annual increase in shipments, according to report from market research firm Strategy Analytics.

China implemented a proactive fiscal policy, with tax cuts and rate reductions as the most important measures since 2018. Specific policies included deepening the reform of value-added tax (VAT); adding special additional deductions of personal income tax; further expanding the scope of small enterprises that enjoy preferential corporate income tax; and policies to promote the development of innovative and high-tech startups.

China is taking the lead thanks to innovative measures, as the launch of crude oil futures is making up for the lack of a crude oil benchmark in Asia, giving companies in the real economy a bargaining tool when importing crude, she said.

China has taken steps to improve the development of trade in services, including gradually opening up the finance, education, culture, and medical treatment sectors.