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Chinese enterprises signed .6 billion of new project contracts in Arab countries in 2018, an annual growth of 9 percent. Direct investment from Chinese companies in Arab states totaled .2 billion, about 3.8 times the number in 2010, according to the 2019 report on China-Arab production capacity cooperation.
Chinese companies have also achieved impressive results in overseas markets. According to mobile analytics provider App Annie, overseas users devoted 16 percent of their game expenditure to mobile games developed by Chinese companies during the first half of this year. The rate was only 10 percent two years ago.
Chinese brands need to overcome people's negative perceptions about the products' durability and safety by improving the perception of trust, the report said.
Chinese e-commerce giant JD said Tuesday it will continue to expand its presence in the fashion and luxury market with an investment in Nasdaq-listed Secoo Holding Ltd, a major player in Asia's online luxury market.
Chinese people enjoy real democracy, the white paper said, adding that China protects people's rights to know, to participate, to express, and to supervise.
