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China's e-commerce transactions hit 34.81 trillion yuan last year, up 6.7 percent year-on-year.

China's digital economy was worth 27.2 trillion yuan in 2017 and accounted for nearly 33 percent of the country's GDP growth, according to the China Academy of Information and Communications Technology. The same year, 171 million people worked in sectors related to the domestic digital economy, accounting for 22 percent of the workforce.

China's economic development contributes more than 30 percent of global economic growth, which will generate a spillover effect. Through international cooperation mechanisms such as the Belt and Road Initiative, China will share its economic benefits with other countries and regions.

China's logistics industry posted steady growth in the first half of this year. The total value of social logistics goods in the first half grew 6.1 percent year-on-year to 139.5 trillion yuan, according to the China Federation of Logistics and Purchasing.

China's inclusive growth has also provided experience and funds for the rest of the world in tackling global issues such as poverty, Niu said.