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"China is a fast-growing major global economy with a burgeoning retail sector, due to the size of its population," said Nancy Wang, managing director of Trax in China. "Retail is transforming rapidly in two specific areas: the shopping experience and technology adoption."

"Can the world be at peace with the way the US operates?" Hua asked in the statement.

"China has witnessed magnificent changes since the government introduced the reform and opening-up policy 40 years ago. The internet, with its nature of openness and connection, has accompanied the development," Li said in an exclusive interview with China Daily website at the fifth World Internet Conference, which was held Nov 6-9.

"China expresses grave concern about and strong opposition to such flagrant interference in Hong Kong affairs, which are China's internal affairs," an unnamed embassy spokesperson said on Tuesday.

"China is the world's largest importer of commodities and hence we will see more commodity deals being undertaken in yuan, especially iron ore," said Chen Derong, chairman of China Baowu Group.