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As a milestone of Chinese and Western medicine integration, an original natural medicine for diabetes, namely mulberry twig alkaloids, was launched during the seminar. The medicine was developed by the Institute of Materia Medica and produced by Beijing Wehand-bio Pharmaceutical Co Ltd. With 21 years of research and development, the drug is the first hypoglycemic drug of TCM approved in China in 10 years, with completely independent intellectual property rights.

As battery technology improves and costs come down, analysts expect electric sales will eventually take off.

As agriculture still employs the largest share of the population in most LDCs, China's focus on agriculture investment will lay the groundwork for local farmers to acquire modern farming technologies and sell their products abroad.

As a supporter of globalization and sustainable development, China is playing an increasingly important role in global economic governance, according to the head of the Organization for Economic Cooperation and Development.

As countries such as China and Russia find alternatives to conducting bilateral trade, they can reduce their reliance on dollars. The same goes for Europe and other parts of the world.