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As a result, the average annual income of each laborer increased by 15,000 yuan to 32,000 yuan, Ren said.

As a state party to the United Nations convention against transnational organized crime, China has been taking a range of measures, including legislation, law enforcement and judiciary measures, actively implementing its obligations under the convention, and advancing relevant international cooperation, Ma added.

As for the shrinking inter-bank business reported by some banks, Xiao pointed out that the phenomenon might stem from jitters caused by misunderstandings of relevant policies.

As a large-scale global platform, the trade fair will demonstrate China's determination to deepen its economic globalization, noting how the first and second editions take place with a backdrop defined by downward pressure on foreign direct investment and trade flows affected by protectionism, said Wei Jianguo, vice-president of the Beijing-based China Center for International Economic Exchanges.

As a high-tech enterprise with innovative products and services, Tsinghua Holdings has various businesses spreading in more than 170 countries. It has established more than 200 science parks and incubators worldwide in addition to having successfully incubated over 10 high-tech unicorn companies.