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China has been Finland's biggest trade partner in Asia for 15 years and CIIE is a great opportunity for businessmen from both countries to deepen partnerships and expand economic cooperation, Wang said.

China has leapfrogged ahead to become the global center of financial technology innovation and adoption, outpacing the likes of New York, London and Singapore by a wide margin, according to a joint report by consultancy Ernst& Young and DBS Bank in 2016.

China has always supported moves by the DPRK and ROK to improve relations, Xi told his ROK counterpart, Moon Jae-in, in a phone call.

China has not reported widespread transmission of the virus in its poultry and livestock meat industry so far. To fend off the risk from overseas producers, the country has suspended meat imports from 23 foreign companies as of July 10, according to the General Administration of Customs.

China became the world's second-largest insurance market in 2017, but the insurance depth and density in China represents only 66 percents and 52 percents of the world's average, thus leaving a wide space for development, said Yin, adding that the sector also faces great challenges such as customers' upgraded requirements, the need for innovation promoted by 5G and the downturn in financial markets.