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"China is a huge market with unparalleled potential. China's consumption will top the world this year or next year, and China's GDP will also exceed the US by the end of the next decade. However, China's real estate transaction only accounts for about 1/20 of the US, posing great growth potential."

"China has a vast market and there are many diverse demands leading to many business opportunities. We have launched ski simulating machines indoors no matter in ski resorts or shopping malls to meet the needs of more southern customers," said Hermann Winkler, co-founder of Snow 51, who attended the World Winter Sports (Beijing) Expo via video link during the CIFTIS.

"By highlighting various sectors, these internet giants are competing for the portal to keep existing users and acquire new ones," Wang added.

"China adheres to its solemn commitment to the purposes and principles of the UN Charter, resolutely safeguards the contemporary international system with the UN as its core and earnestly fulfills its international responsibilities and obligations," Wang said during the UN Security Council meeting at UN Headquarters in New York.

"China has obviously managed the pandemic better than other economies so far. It has a lot of domestic space to be able to manage a strong recovery. A lot will depend on policy choices. But we believe that China has the opportunity to seriously expand its domestic economy," Richard Kozul-Wright, UNCTAD's director of the division on globalization and development strategies, was quoted by Xinhua News Agency as saying.