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"China has taken steps to improve the development of trade in services, including gradually opening up the finance, education, culture and medical treatment sectors," said Li Guanghui, vice-president of the Chinese Academy of International Trade and Economic Cooperation.

"But such merits are selectively ignored in many debates," Ban said, adding that he hopes Asian countries and business leaders can work together in the context when the world is facing such long-term challenges and near-term uncertainties, so as to give hope to the world and become a global growth engine.

"China is increasingly influencing world GDP, more as it gets bigger. Hopefully this will continue," O'Neill said.

"China hopes the two sides will cherish the positive progress made during this period of time, maintain patience, exchange goodwill, and move toward each other," Foreign Ministry spokesman Lu Kang said on Friday when commenting on Washington's abrupt withdrawal from a summit with DPRK top leader Kim Jong-un.

"China has become a core priority for Ferrero in terms of growth, and we are fully confident in the prospects of China as the world's fastest-growing consumption market. With the acceleration of urbanization and expansion of the middle class, the size of the consumption group and their needs have been continuously increasing," he said.