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China attaches great importance to Sino-ROK relations, he said, adding that the two countries should strengthen political trust on the basis of mutual understanding and mutual trust.

China did not have any expressways until the first of its kind was built in 1988, linking Shanghai and Jiading.

China has already secured 870,000 5G mobile subscribers in just 20 days after the country kicked off commercialization of the superfast mobile technology, the Ministry of Industry and Information Technology said on Thursday.

China funded 15.5 percent of the total share of Africa's infrastructure development to become the largest single funder in 2016, according to professional services provider Deloitte. In the recent past, China has increased investments into the continent, particularly those channeled toward infrastructure under the Belt and Road Initiative, it said. From 2000 to 2015, the Export-Import Bank of China provided billion (51 billion euros; ￡45 billion) in loans to Africa, largely for the development of roads, railroads, airports and ports.

China emerged as the largest global FDI recipient, with an increase of 6 percent, followed by the UK, lifting inflows to billion, and the United States, billion.