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Despite the growth, Kong admits the company has yet to make a profit. "We expect to break even in October."

Describing himself as a great supporter of all South-South initiatives, Guterres said he believes that the UN's capacity to deliver depends a lot on success in Africa, in terms of the expectations of the world's population.

Despite its traditionally thin profit margins, Amazon certainly has enough cash to make acquisitions. The company reported?about? billion in cash and equivalents?at the end 2016, up from?about billion a year earlier.

Despite being the world's biggest smartphone maker, Samsung sales are close to negligible in China. According to Strategy Analytics, in the second quarter, Samsung sales made up less than 1 percent of the Chinese market.

Despite sluggish global growth, Sino-German cooperation remains strong and there are frequent high-ranking visits between the two sides, Zhang Junhui, minister of the Chinese embassy in Germany, said during the forum, adding that Chinese leaders are expected to visit Germany later this year.