For more on the topic, we are joined now by Mr. Ding Yifan, senior fellow at the Institute of World Development under the Development Research Center of the State Council.

Q1: From the statistics released at the Commerce Ministry meeting, we know online retail sales saw a nearly 25% year-on-year increase. What other trends did we see this year?

Q2: The US president-elect Donald Trump has said he would impose a 45-percent tariff on Chinese goods entering America. How do you see trade relations between China and the US?