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"The CIIE shows China's changing trade strategy and its resolve to fulfill its responsibility as a major country and achieve mutual benefits and win-win cooperation with all nations," said Zhao Beiwen, deputy head of the World Economy Institute under the Shanghai Academy of Social Sciences.

Some breakthroughs may be around the corner. Several Chinese cities are already piloting the faster 5G wireless network, which is vital to mobile VR. On Saturday, Microsoft signed an MoU to locate its first VR/MR incubator in Jiangxi, saying it is ready to work with Chinese partners to build up the VR ecosystem.

This will enhance oversight of the regulatory work of local authorities and government departments, and help forestall and detect lurking problems and cross-sectoral, inter-regional risks by pooling and sharing information. This system will be uploaded online together with the national government service platform by the end of next September.

Noting the positive comments made by the United States, Geng said China supports and hopes the DPRK and the United States lose no time to have further contact and dialogue, take each other's reasonable concerns into consideration, build up mutual trust, implement the consensus reached by leaders of the two countries and work for continuous development in the denuclearization of the Korean Peninsula and in the political settlement of the issue.

During this week's session, the six draft sections were submitted as a package but may be put through follow-up readings for further deliberation, reviews, and revisions in different batches, Shen said while presenting the drafts at the opening meeting.