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As the world's second-largest economy, China's consumer market has great potential and broad prospects. For the countries that provide exports, the increase in China's imports means that their exports will increase, so that they can gain more market returns, create more jobs and increase income, Zhang said.

As the year 2018 marks the 40th anniversary of China's reform and opening-up and also the 10th anniversary of the establishment of a strategic partnership between China and South Korea, this event is expected to provide new and greater opportunities for economic and trade cooperation between Beijing and Seoul, as well as the rest of Asia, the organizer said in a statement.

As the riding range has expanded from the city center to the suburb, demands are increasing, he added.

As the province with the largest GDP and trade volume in China, Guangdong has extensive exchanges and cooperation with African countries. In 2017, the trade volume between Guangdong and Africa reached .77 billion, a year-on-year increase of 1.7 percent, while companies in Guangdong invested more than million in African countries, a year-on-year growth of 85 percent.

As some 70 heads of state and government and 38 leaders of international organizations are heading for the Davos forum slated for Jan. 23-26, China will be represented by Liu He, member of the Political Bureau of the Communist Party of China Central Committee and director of the General Office of the Central Leading Group for Financial and Economic Affairs.