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Chinese homes appliances maker Gree Electric Appliances will step up efforts to promote unmanned factories, in a push to upgrade manufacturing techniques with technology, said Dong Mingzhu, chairwoman and CEO of Gree.

Chinese consumers at home and abroad spent 5 billion on luxury goods in 2018, accounting for 32 percent of the global luxury market, according to consulting firm McKinsey. It said the outlay will rise to 0 billion this year, accounting for 65 percent of global growth and 40 percent of total sales in the industry.

Chinese investment in North America fell by 27 percent to .5 billion in 2019, the lowest level since 2009, while Chinese investment in Europe fell by 40 percent to .4 billion last year, the lowest since 2013.

Chinese ambassador to Rwanda Rao Hongwei said that China-Rwanda cooperation and development are facing unprecedented historic opportunities. The China-proposed Belt and Road Initiative is injecting vitality into the connectivity and coordinated development of African countries. The initiative has won enthusiastic acclaim from Rwandans from all walks of life.

Chinese port operator China Merchants Port Holdings has announced it will acquire an 85 percent stake in Sri Lanka's Hambantota Port for 4 million.