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Particularly against the global background of rising unilateralism, protectionism and hegemonism, the EU's willingness to boost cooperation and connectivity with Asian countries goes hand in hand with the China-proposed BRI.

China has 98 SOEs centrally administered by the State-owned Assets Supervision and Administration Commission, whose aggregate profits exceeded 1.4 trillion yuan for the first time last year, up 15.2 percent from a year earlier.

Li convened and presided over a symposium attended by representatives from state-owned, private and foreign-invested companies as well as financial institutions, addressing concerns over issues including the rise of financing costs.

Hassan Rajab, director of the Confucius Institute at Suez Canal University in Egypt, said China is trying to improve the world order by implementing the initiative. He expects it to succeed, he said, because China has adopted a win-win approach with other countries.

There is also plan to launch a fund for international cooperation in ecological improvement.