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China encourages capable companies to invest in Australia legally and in compliance with market principles and international practices, he said, adding Chinese companies investing in Australia have made tremendous contributions to local economic and social development.

China has moved to the center of the global stage. Now, it has a bigger say in the International Monetary Fund and the World Bank; it has made the Shanghai Cooperation Organization a more active, international organization; and it has developed the Asian Infrastructure Investment Bank. President Xi Jinping goes to Davos and, as the US seems to be stepping away from globalization and climate change, advocates more internationally public goods. There was talk about making the market the decisive allocator of resources, and there has been less progress made on that.

China has been working to translate its growing economic might into real influence in the ways of having greater voices in global price-setting and making its currency play a bigger role on the global stage.

China attaches great importance to Seoul's recent pledges, including that it will not join a US-led anti-missile network, it will allow no additional deployments of THAAD, and it has no intention to damage China's security interests, according to Wang.

China exported 97 million TV sets in 2018, up 21 percent, said Peng Jianfeng, deputy secretary general of the China Video Industry Network.