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China and Germany, as countries with significant influence, both bear compelling obligations on world economic development and financial governance. The two countries shall promote China-EU interconnection platform, by linking the Belt and Road Initiative with the EU-Asia Connectivity Strategy and the European Infrastructure Plans. In 2019, the major financial institutions from China and Germany maintained close communication on the BRI and the third-market cooperation, contributing to the development of both economies, as well as the third-party countries participating in the BRI.

China Railway Eryuan Engineering Group Co Ltd, as the prime contractor, said on Wednesday: "Upon completion, it will have the capacity to accommodate 340,000 passengers daily, and reduce traffic time between Cairo and the under-construction new administrative capital, as well as the 10th of Ramadan City, by about 30 percent."

China and Kiribati established diplomatic relations in 1980. This relationship, however, was disrupted in 2003 after the Pacific island country established "diplomatic ties" with Taiwan authorities.

China and European countries have much to learn from each other in terms of urbanization policies, technologies and experience, a senior official said on Wednesday.

China Unicom posted a 232 percent jump in net profit to hit 2.6 billion yuan, the highest of the three in terms of profit growth.