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China's home-sharing market is surging, thanks to the fast-growing middle class and increasing popularity of home-stays as a novel form of accommodation.

China's highly specialized industrial clusters and very good infrastructure are an essential part of the global supply chains that have increased world productivity over the last few decades. This type of globalization has been a boon to the world.

China's economy contributes more than 30 percent to global economic growth. Its economic development in the past four decades has been established with the spirit, ingenuity and hard work of the Chinese people, combined with the reform of the economy and opening to foreign ideas and investment, Tim Cook, chief executive of Apple Inc, said at the opening ceremony.

China's insurance market is promising growth and foreign investors are upbeat on the market, said Wang Xiangnan, secretary-general of Research Center for Insurance and Economic Development under Chinese Academy of Social Sciences.

China's major private automakers, Chery and Great Wall, both launched new-energy models this week aimed at markets in the United States and Europe.