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"Coal-powered electricity has dropped to 65 percent as a proportion of total electricity generation from about 85 percent five years ago," he said. "Such progress is significant."

"Companies must balance low manufacturing costs with overall supply chain costs such as transportation and components supply," Tonby wrote.

"China will firmly support related companies to safeguard their own legitimate rights and interests, and firmly uphold international economic and trade rules," he said at a news conference in Beijing.

"China's financing support to Africa is mainly invested in infrastructure construction and the field of production, which has greatly improved the environment for Africa's economic development, added to its appeal to foreign investment and enhanced its capability to achieve self-driven development," she said.

"Chinese consumers, especially millennials, want to enjoy life... they care about their individuality and love to travel, and when it comes to shopping in both online and offline channels, they have unique tastes," said He Xiaoqing, global partner at A.T. Kearney, the US-based management counseling firm.