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China is the largest overseas market for US soybeans, Beyer said. "If you think of a soybean field and they're all growing in a row, one out of three rows goes to China.

China is ready to work with Singapore to deepen financial cooperation. The scale of currency swaps betweenus has reached RMB300 billion (US billion). The two sides are positively considering renewingour currency swap agreement to encourage local currency settlement in investment and trade. Singapore is a major international financial center with mature regulatory models and rich financial resources. China supports dialogue and exchanges between our financial regulators and encouragesour financial institutionsto developbusiness cooperation in accordance with commercial rules. We can also explorethe setting-up of a comprehensive and all-dimensional financial support platform. The fintech agreement we just signed should be well implemented to promote the sound and orderlyfinancial cooperation in e-payment and other emerging areas.

China hosted the second Belt and Road Forum for International Cooperation (BRF) in Beijing in April.

China has stood in the forefront of the world's retail industry, according to Shih. He revealed that in the future, Walmart will focus on new technologies, new businesses and new cooperation relations when expanding business in China. Today, the retailer has realized the integrated development of online and offline businesses in collaboration with Chinese technology giants JD.com and Tencent.

China is a defender of cybersecurity and resolutely opposes, as well as cracks down on, any form of cyber-stealing activities, she said.