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China's top securities regulator should review and reassess the current rules on private share sales by listed companies to ensure market fair play, analysts said on Wednesday after a high-profile share sale plan by a State-owned telecom giant was seen to have violated securities rules.

Chinese Consul General in Los Angeles Zhang Ping said it's the responsibility of the business communities in the two countries to keep the relationship on track.

China, for instance, has a strong edge in manufacturing communication hardware while India excels in software capabilities. The two sides can step up their efforts to learn from each other, Zhao said.

China-CEEC cooperation has seen enormous achievements, beyond expectations, in many areas, Li said. For example, the first three quarters has seen bilateral trade up by 14.1 percent. And over the past five years, Chinese investment in the region has doubled and the number of Chinese tourists to CEE nations has tripled to about 1 million.

China's shift to e-commerce has allowed some entrepreneurs and celebrities to cash in, Xu Haoyu reports.