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Wang said the possibility that China's GDP would be dragged down by trade disputes was relatively small in 2018, since the 10 percent tariffs on 200 billion U.S. dollars of Chinese products would not come into effect before September.

Wang co-chaired the first China-US CED together with US Treasury Secretary Steven Mnuchin and Secretary of Commerce Wilbur Ross on Wednesday. Both sides discussed a range of economic issues that will have long-term and strategic importance to the economic cooperation between the two countries.

Wang said the purpose is to connect domestic suppliers directly with overseas customer needs, which raises efficiency and lowers costs. And thanks in part to the promotional activities, newly opened stores on AliExpress－which operates in 230 economies－enjoyed triple digital growth in March compared with the previous month.

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Wang Zhimin, director of the Liaison Office of the Central People's Government in the Hong Kong SAR, made the remarks after radical protesters besieged the office in Sai Wan, vandalizing its outer wall and defacing the National Emblem hanging on the building's fa?ade the day before.

Wang Wenbin, Chinese ambassador to Tunisia, said "Confucius institutes have become a platform for discovering Chinese culture around the world. Thanks to the Sino-Tunisian joint effort, the Confucius Institute opens at the ISLT, to give an impulse to the cooperation between our two countries."

Wang arrived in Sao Tome shortly after the first anniversary of the two countries' resuming diplomatic relations in December, 2016.

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Wang replied: "You know nothing about it. Big companies are going to move in; even our unskilled kids will have jobs" - referring to the prospect that Xiongan will be home to Beijing's administrative organs, large enterprises, and so on.

Wang Junlin, an antitrust lawyer at Beijing-based Yingke Law Firm, said the alliance, which could create a 0-billion-plus behemoth in the semiconductor sector, will be closely watched by regulators around the world.

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Wang Zhenmin said that Hong Kong should improve the system and mechanism related to the implementation of the Basic Law and promote the education of the national Constitution and the Basic Law in the city.

Wang Zhi, director of the Research Center of Global Value Chains at the University of International Business and Economics in Beijing, said that the vigorous growth of energy and resources product imports has benefited from domestic market demand and eased resource constraints in economic development.