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China is already the single largest market by sales for Daimler and its German rival Volkswagen. Figures released on Friday by the Federal Statistical Office showed cars were the most valuable German exports in 2017, underscoring the growing importance of German-Chinese trade for overall economic growth.

China has transferred its most advanced technologies in this field to Pakistan. Reflecting this stance, Power-China has helped Pakistani engineers involved in the project to study in China, so they can operate the power plant in the future, said the company.

China is poised to grow strongly in the next two to four decades due to the Belt and Road Initiative and this will provide significant business opportunities to other economies in the world which would benefit from the country's business wisdom, participants of a student-led business forum in London said.

China has published certain details for quality and quarantine checks: the age of the beef cattle should be less than 30 months; beef importers should be registered at the Certification and Accreditation Administration of China; cattle must be traceable to their birth farm; and China-bound beef will have to be free of residues of synthetic hormones and banned additive such as ractopamine.

China has worked to build a multi-level capital market that satisfies growing funding demand from all kinds of companies, no matter how big or small, with measures taken to reform the stock market and encourage direct financing.