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But still, the ministry has prepared emergency plans, and contingency practices will be held in Southwest China's Yunnan province in April, he said.

But we have a unique way of doing business. We do not do acquisitions in China but rather partner with local talents. We identify companies which have developed some unique businesses and take a piece of equity of their businesses. We will give them support in marketing and technology so that they can develop their business.

Buying in third- and fourth-tier cities and rural areas is seeing the fastest growth across the nation, said Zhao Ping, a researcher at the Academy of the China Council for the Promotion of International Trade.

By 2020, Shenzhen will be leading the city in terms of sustainable development in economy, society and environment. It aims to become a world-class innovator city in terms of sustainable development by 2030, according to the plan.

Buyers and exhibitors discuss potential trade partnership at the third CIIE's pre-expo supply-demand matchmaking session for intelligent industry and information technology in Shanghai on Aug 8. [Photo provided to chinadaily.com.cn]