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As the main panel in the Senate overseeing trade issues, the finance committee's approval will be key to any trade deal.

As the Party's success stories in improving living conditions for the people continue to be heard, it is also making itself even stronger.

As to the trade balance issue, Guo thinks it is decided by the international division of labor and international market rules. China has no interest or willingness to pursue unbalanced trade that benefits itself and hurts its trade partners. In fact, China is willing to expand the volume of imported goods. As a developing country with great global influence, China would like to grow its economy with other developing countries.

As this year marks the 20th anniversary of the cooperation mechanism between China, Japan and the ROK, China is ready to step up trilateral cooperation and uphold multilateralism and free trade, he said. 

As the event is hosted by China Media Group, the country's largest broadcasting system made up of China Central Television, China National Radio and China Radio International, Xia added the producers will make use of the system's rich resources to join hands with around 100 television broadcasters to boost the development of domestic pop music.