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Such practices enable e-commerce enterprises to buy quality products from around the world at a lower price with less logistic time, according to Lin Xibin, a local commerce official.

In May 2018, the Legal Services of China website started operation, collecting data from over 380,000 legal service institutions and 1.39 million professionals nationwide. It selected 475 institutions and 925 professionals to form a counseling team to serve the public.

Particularly, Ma pointed out that the international community should engage in the construction, operation, and maintenance of ports and other facilities of the coastal states and support them, "so they are more competent in ship docking, replenishment and maintenance, and be better equipped with more sufficient logistical guarantee."

Chinese artificial intelligence giant Baidu, for instance, took the lead this year by preparing a record high of 1.9 billion yuan (281.7 million U.S. dollars) for digital red envelopes after becoming the exclusive red envelope partner of the China Central Television (CCTV) Spring Festival Gala, the most-watched annual show on Chinese New Year eve.

Shanghai recorded an overall economic growth of 6.6 percent last year, with its GDP per capita exceeding 20,000 U.S. dollars. The city expects to attain a growth rate of 6 percent to 6.5 percent this year.