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Annual active customer accounts increased by 21.5 percent to 313.8 million in the 12 months ended June 30, 2018.

Apart from providing an opportunity for enterprises across the world to enter the huge Chinese market, D'Andrea said the CIIE has been regarded as a great moment to announce new measures of reform and opening-up.

Antibiotics have long been used to kill harmful bacteria in both animals and people. But the continued overuse of the drugs has led to the serious problem of resistance. The European Union decided in 2006 to eliminate antibiotic growth promoters from animal feed and China has announced that it will follow suit starting from next year.

Ankai entered Saudi Arabia in 2007. Its first major order came in 2011, a year when the company exported 3,000 school buses to the country. It was the largest export order of buses from China then, and also the largest bus export order for Saudi Arabia ever won by Chinese automakers.

Another goal is to incubate more than 1,000 industry clusters worldwide. To this end, Juhuasuan plans to establish a new supply center, bridging upstream farmers and manufacturers with e-commerce merchants, while designing promotional campaigns to help them sell to consumers.