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As a powerhouse in the manufacturing industry, China not only has cost advantages, but can also supply a mass high-quality labor force, which brings aggregation advantages to the upstream and downstream of the industrial chain, Yang said.

As an expert in guiding Chinese companies in their bid to go global, Bohai Capital has also conducted business under the Belt and Road Initiative to enhance Chinese enterprises' competitiveness in global markets.

As a leading country of technological innovation and application in the world, China has the capacity to lead the development of blockchain technology in terms of market scale, technology research and development and talent reserve.

As expected, China said at a meeting Monday that it would implement a proactive fiscal policy and prudent monetary policy, with supply-side structural reform as the main theme in the latter half of the year.

As a result, the agencies mainly sell tours of neighboring areas within a province. But the profits of such local tours are slim at best.