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The second opportunity is exploration of third-party markets. The forum will include a CEO conference and meetings on business co-operation. This points to immense potential for third-party involvement in BRI development. The UK, with its unique strengths in professional services, project-management and financing, could tap into this potential, he added.

The positive PMI data showed the government's pro-growth measures have taken effect, said Zhang Liqun, a researcher with the Development Research Center of the State Council.

Conte said the speeches delivered by Xi at the forum helped the international community understand the significant benefits of the BRI for the world.

Taiwan's current Democratic Progressive Party (DPP) administration, which is teetering on the brink of collapse, was overjoyed at the U.S. arms sales as if it had been given a "straw to save its life."

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