There should be a couple mm of slack in the throttle cable. The screw on the side of the carb pushes against the slide in the carby and raises it when you screw it in which makes it idle faster. This one has a knurled end so you can adjust it by hand.
There will be another smaller screw (conventional, flat blade type) either on the bottom or the side of the carb. This one is for the idle mixture adjustment. Screw this one in to lean out the idle, screw it out to make it richer. Too much either way will make it idle like crap and hesitate just off idle to approx 1/4 throttle. If it runs best with it screwed in all the way, you need a smaller idle jet. If it runs best with it screwed all the way out, you need a bigger idle/pilot jet.
If it doesn't idle still after screwing in the idle screw and/or adjusting the mixture, then you probably have a blocked pilot jet. Similarly, if it pops, backfires and sounds like it's struggling from 1/4 throttle and up, the main jet will be the wrong size.
These bikes are kind of thrown together a lot of the time and the people making them just source generic parts and don't make small changes such as jetting to suit their needs. I've had to put bigger jets in a number of these bikes for mates for this reason lol. A good set of jet drills is a great investment too if you don't want to spend money on buying a whole heap of jets to try too.