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Chinese companies pumped more than .56 billion into Germany last year, investing in 281 projects and creating over 3,900 jobs in the country. Such investment has started to focus more on acquiring high-tech companies such as leading robotics manufacturer Kuka AG, which received a takeover offer from Chinese consumer products company Midea Group in 2016.

Chinese authorities have encouraged the development of multimodal transportation, with the State Council last year requesting the creation of more such routes. According to the State Council, China's cabinet, it is necessary to promote the development of multimodal transportation for an international logistics "corridor" with improved transportation quality and efficiency. "Multimodal transportation can improve efficiency, slash costs, protect the environment, and is quite safe," said Wang Ming, an official with the National Development and Reform Commission."All related departments should deepen reforms in the rail network and freight prices to create a fair and orderly market environment, so as to push an upgrade in the logistics industry." Yu Chunxiao, deputy head of the National Railway Administration (NRA), described the deal between Shenhua and Huochebang as a "positive" and "beneficial" step. "The NRA will improve regulations and actively engage in multimodal transportation," Yu said. "We will also try to create a good environment for companies to promote the healthy development of the logistics industry."

Chinese billionaire Wang Jianlin, chairman of Wanda Group, said earlier that the group's cultural and tourism projects create 100 billion yuan in debt on average annually, placing Wanda under significant financial pressure.

Chinese children are surfing the web earlier in life, with almost 75 percent saying they first used the internet before the age of 10. [Photo/IC]

Chinese investments in Namibia have reached almost billion and China is actively engaged in the country's infrastructure and human resources development, according to Zhang.