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In recent years, a large number of corrupt officials or directors of State-owned companies have fled to destinations such as the United States, Canada, Australia or New Zealand to exploit a lack of bilateral extradition treaties or differences in the laws.

In past years, the China-EU relationship has kept cooperation as its main keynote, with fruitful results achieved in dialogue and cooperation in all areas, Wang said, noting that China and the EU have more cooperation and consensuses than competition and differences.

In terms of industries, railway transportation, computer communication, pharmaceutical manufacturing, electrical machinery and special equipment manufacturing became the top five most popular industries in the IPO market in H1.

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In terms of sales channels, e-commerce experienced strong growth. Direct-to-consumer revenue continued to grow with mobile transactions now representing 40 percent of global sales. China revenues more than doubled compared to previous year.

In that year, over 60 luthiers came back to Queshan and started their own violin businesses.

In response, China also announced countermeasures, imposing visa restrictions on US citizens who have "behaved egregiously" over Hong Kong-related issues.

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In talks with El Salvador President Nayib Bukele in Beijing, Li said there is huge potential for bilateral cooperation and the two countries should step up cooperation in trade, investment and infrastructure development, as well as agricultural sectors.

In remarks made at a special virtual dialogue with global business leaders organized by the World Economic Forum, Li said the Chinese economy has maintained a momentum of stable recovery, with 7 million jobs already created in urban areas this year.

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In response to the COVID-19 resurgence overseas, local sellers in Yiwu have sped up their efforts to expand their businesses globally by collaborating with cross-border e-commerce platforms such as Alibaba.com and Amazon. Currently, the number of Alibaba.com members from Yiwu has climbed to 6,600, an increase of more than 60 percent since the beginning of the year.

In short, Cook says he isn’t worried.