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China and the EU should work on the agreement to reduce tariff and nontariff barriers to promote trade and openness, he added.

China and the US don't have an extradition treaty. If authorities charge Liu and issue an arrest warrant, the Chinese government could refuse to hand him over, Levine said.

China Unicom is in stiff competition for market share with China Mobile Ltd and China Telecommunications Corp.

China aims to lift 70 million people above the poverty line by 2020. The central government introduced a national database to analyze the number of people living in poverty after the announcement of the 2020 target. It is formulated to help precise project planning and to allocate cash resources more effectively.

China Daily website produced a series of videos that offer a glimpse into China's improving business landscape and how foreigners are starting businesses in a wide range of sectors.