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"Climate change is the biggest threat to our planet," he noted.

"China resolutely opposes the US using unilateralism and protectionist policies to damage the interests of China and other nations," he said. "China hopes the US will stop the erroneous actions and solve issues through fair and equal negotiations."

"Clearly June 18 being a shopping period rather than a day aims to provide customers with ample time to make purchase decisions, which is also a way to set it apart from the Singles Day," said Neil Wang, president of consultancy Frost & Sullivan China.

"Companies' managerial loopholes in cross-border finance often lead to financial risks, and courts shall identify problems in concrete cases and publicize them through suggestions and white papers to prevent future damage," said Mao Ronghua, vice-president of Shanghai High People's Court.

"Cross-border e-commerce is set to greatly complement, if not replace, traditional trade to become an important driver in the next three to five years," said Zhu Qiucheng, CEO of Ningbo New Oriental Electric Industrial Development Co Ltd, an exporter of electronics.