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As for questions about China's market access, China's reform and opening-up as well as structural adjustment of its economy, Wang stressed that China will firmly deepen reforms and expand opening-up to the outside world.

As UBS's Deng cautiously explained: "How markets move from here will depend on whether trade negotiations bear fruit or come to nothing."

As a business segment, specialty packaging has spawned a few iconic firms, and is fast evolving into an exacting science, boosting sales of luxury goods - cosmetics, fragrances, confectionery, gourmet food and drinks, watches, jewellery, premium alcoholic drinks, tobacco - in China. It is also promising to attract big investments, thus helping deepen the ongoing consumption upgrade in the country.

As a strategic pivotal point of the country's Belt and Road Initiative, the construction of pilot free trade zone has become Hainan's new opportunity in its 30-year opening up and development.

As a subsidiary of China Communications Construction Co, a centrally administrated SOE,CHEC to date has more than 15,000 employees globally and has a presence in over 100 countries and regions. The company sealed billion in project deals in markets such as Thailand, Saudi Arabia and Colombia in 2019.