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"China has already stopped focusing on the growth of its trade volume, and pays more attention to added value, brand building and structural optimization, so that the country can realize a transformation from being a big trading nation to a strong one," said Xue Rongjiu, deputy director of the Beijing-based China Society for WTO Studies.

"By putting the funds into special accounts designated by the central bank, the payment firms can no longer earn interest on the reserved funds. Meanwhile their bargaining power with banks will be greatly affected," he said.

"China has continuously engaged in international human rights cooperation in a responsible and constructive way… We set a high score by the recommendations mentioned in the report, and will study them seriously, responsibly and thoroughly, and present our response when the report is endorsed at the Plenary of the Human Rights Council next year," he said.

"China is Hungary's biggest trading partner and the US is the second-largest one. We hope the two parties can reach an agreement to ensure a fair and free international trade order, instead of a destructive trade war," he said.

"China has witnessed a significant surge in the number of pet cat owners," Peng said.