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As the cost of manufacturing increases in China, it makes sense for the world’s manufacturing hub to shift to Africa and it will be win-win if Chinese companies invest in the continent’s manufacturing sector and share their experiences with local partners, Tsang added.

As unilateralism and protectionism led by the United States rise, China and the EU should shoulder the responsibility together to safeguard multilateral trade rules and rebuild the system of international economic governance, Wei said.

As the new law will restrict some rights of the people, opposition parties have been concerned that checks and balances be maintained to ensure citizens' freedom as much as possible.

As tech companies in Silicon Valley expanded, their workforces grew, creating an imbalance in supply and demand for housing. Since 2005, only 308 housing units have been added for every 1,000 new residents in California, according to data from the McKinsey Global Institute. In the Bay Area, 676,000 have been added over the past eight years, compared with 176,000 additional housing units.

As this year marks the 40th anniversary of the signing of the China-Japan Treaty of Peace and Friendship, the two sides should draw experiences and learn lessons from the ups and downs of bilateral relationship in recent years, and make joint efforts to create a healthy and stable bilateral relationship, he added.