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China's pivotal role in global supply chains has proven durable, according to the report named Navigator: Growing with China, which was released on Thursday. Among the 1,100 polled companies from 11 key markets, about 75 percent expect sales in or exports to China to grow in the next two years.

China's shortened negative lists in the mining sector, and the lifting of restrictions on the exploration and development of petroleum and natural gas reserves, represent a rare opportunity that is likely to be utilized to the hilt by energy multinationals such as French oil giant Total, Anglo-Dutch behemoth Royal Dutch Shell, British heavyweight BP and international metals and mining company Eurasian Resources Group, industry experts said.

China's proposed tariffs on US soybean and pork will have limited impact on domestic consumer inflation measured by the consumer price index, he added. Estimates show that if domestic soybean prices rose by 25 percent, China's CPI will still be kept at an average of 2.4 percent, well below the control target of 3 percent, for this year. Considering the fact that China can import such products from other countries, the real effect will be even smaller, Wang said.

China's role is vital. Over just a few decades, it has grown into one of our largest business sectors, while securing its position on the global stage. China is currently the largest market in the Asia-Pacific region. In terms of revenue by region, Europe accounts for 44 percent of the global market, with the US generating 18 percent and the rest of the world 38 percent.

Chinese Foreign Ministry spokesman Wang Wenbin said on Tuesday that China strongly condemns this terrorist act and offers sincere condolences to families of the victims and the wounded.