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The trade war increased US tariffs on Chinese goods by an average of 8.5 percent to 12.4 percent, which is "essentially a tax on our consumption of Chinese goods in the amount of 12.4 percent", said Haveman.

The trading volume of China's sharing economy rose to 3.45 trillion yuan (about 8 billion) last year, according to a report released by the State Information Center.

The three-day forum, which concluded on Sunday, gathered nearly 140 world scientific award winners, including 61 Nobel Prize laureates and more than 30 Chinese academicians, to discuss－in person and virtually－a wide range of scientific frontiers, including quantum physics, brain science and biomedicine.

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The total trade volume between China and the European Union jumped 5.9 percent year-on-year to 0 billion in the first four months of this year, while the trade with CEEC grew by 7.9 percent year-on-year to .55 billion, data from the ministry showed.

The three companies officially launched a first-of-class children's healthcare insurance program on Tuesday, which adopts the fee-for-service model so that once a child is ensured at an annual cost of about 19,000 yuan (,755), the child is able to get reimbursement to almost all medical and health management services the New Century Healthcare provides, except organ transplant surgeries.

The trade, services and infrastructure network－proposed by the Chinese government in 2013－envisions a Silk Road Economic Belt and a 21st Century Maritime Silk Road that will cover about 4.4 billion people in more than 60 countries and regions across Asia, Europe and Africa.

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The three-episode documentary focuses on President Xi Jinping's statecraft. It shows how China achieves people-centered, balanced and sustainable development under President Xi's leadership, and also conveys the concept of the community of a shared future for mankind to the world.

The three-year program aims to help students with zero knowledge about the e-sports industry become professionals. Graduates may become gamers, judges or e-sports marketing specialists.

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The third priority is on strengthening public health cooperation, and China is keen to support Africa's health sector, by jointly building centers for disease control (CDCs) in Africa, Wang said.

The trading link has been welcomed by international asset managers such as BlackRock Inc. Rachel Lord, head of Europe, Middle East and Africa at BlackRock, said that the firm looks forward to the rising two-way capital flows between China and overseas capital markets and added that the greater presence of international investment will provide long-term capital and help with the stabilization of the Chinese market.