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"China is a society where they value skin care enormously and they begin to look after their skin much earlier than in the west," the company's founder and Director General, Gabriel Serrano, told Xinhua.

"By participating in the Greater Bay Area construction, the HKSAR, for the first time, is deeply engaged in drafting and implementing an outline of a national strategic plan," he said.

"China has supported an IMF training center to help improve the debt management capacity of countries involved in the BRI, and China's Ministry of Finance has agreed with major multilateral financing institutions to establish a new cooperation platform," the report said.

"China has further reduced restrictions on market access by foreign investors and now allows foreign investment throughout China in sectors where it was previously permitted only in pilot free trade zones," said Paul McKenzie, managing partner of Morrison & Foerster's Beijing office. "Strong headwinds will likely continue at least until the US-China trade relationship improves. Perhaps a more dramatic set of further amendments to the negative list will come out of the current trade talks," McKenzie said.

"China is ready to keep close communication with relevant parties, uphold just and objective positions, stand for international law, fairness and justice, and maintain peace and stability in the Gulf region and the Middle East," he said.