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China has seen huge progress in curbing the number of disabled people mired in absolute poverty.

China highly values Sino-US ties, but this relationship must be built on the bedrock of the US respecting China's sovereignty."

China is about 10 percent of the group. We strongly believe there is a clear potential to double the market. Now, we have only been in China for 10 years. With double-digit growth each year, we are also planning double-digit growth for the five years to come. So, there's a huge potential in China if you know how to activate that market through digital retail experience. Product innovation, marketing localization, and omnichannel strategies will be the key for success. We're really excited about it.

China is ready to accelerate cooperation with ASEAN member states on social development and poverty eradication in the future, Chen said.

China is scheduled to release a string of economic data including GDP growth for the second quarter on July 16.