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Investment in China is high and science and technology expanding at high speed. Chinese universities and colleges are making great progress in education and research quality.

Though China posted its slowest annual growth in a quarter of century last year, policy makers have refrained from taking any radical stimulus moves. Instead, they have resorted to supply-side reforms to optimize the economic structure, prune industrial overcapacity, slash costs, and boost efficiency.

Hong Pingfan, director of the Development Policy and Analysis Division in the UN Department of Economic and Social Affairs, said in a recent interview with Xinhua that "the essential spirit of the Belt and Road Initiative is to promote win-win cooperation, common development and prosperity, peace and cooperation, openness and inclusiveness and mutual understanding and trust, and this is to a large extent in line with that of the 2030 Agenda for Sustainable Development."

An IGAD communique on Aug. 5 noted that the composition, mandate, armament, deployment and funding of the regional protection force shall be done in consultation with South Sudan's transitional government.

In Hangzhou, Brazil's leader is also set to meet with Roberto Azevedo, the director general of the World Trade Organization (WTO) from Brazil, and with the leaders of Spain, Italy and Saudi Arabia.