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Chinese companies invested .2 billion in 52 economies related to the Belt and Road Initiative in the first three months of 2020, surging 11.7 percent on a yearly basis and accounting for 17.3 percent of the country's total ODI during the three-month period.

Chinese clean energy companies are likely to continue expanding abroad, as many companies are stepping up their participation in overseas markets, and investing in assets abroad buoyed by the China-led Belt and Road Initiative, he said.

Chinese consumers are willing to pay as much as ,600 as a premium for purchasing an autonomous vehicle, while their counterparts in the United States and Germany are willing to pay less premium (,900 and ,900, respectively), a McKinsey & Company report has noted.

Chinese e-commerce giant JD reported its net revenue for the second quarter of 2019 reached 150.3 billion (.9 billion), an increase of 22.9 percent from the same period last year, while net profits surged 644 percent year-on-year to 3.6 billion yuan.

Chinese e-commerce platforms saw revenues grow to 21.88 billion yuan (.48 billion) during January to November last year, a rise of more than 40 percent compared with a year earlier. Online gaming and online advertising sales reported increases of more than 20 percent during the same period last year.