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Chinese electric car startup Byton has unveiled the production model of its first SUV, the M-Byte, at the ongoing Frankfurt motor show in Germany. Deliveries of the new vehicle are expected to start in 2020.

Chinese insurers preferred to invest in real estate projects because they have the potential to appreciate in value and are easy to cash out. Acquiring financial institutions is also a popular strategic move, Hao added.

Chinese financial regulators once worried local governments' contingent debt, or the debt out of the balance sheet, might expand fast due to some illegal borrowing disguised as PPP equity funding. The government pushed the deleveraging process by cracking down some high-risk projects and constrained some financing channels, resulting in a slowdown of fixed-asset investment growth to 5.9 percent last year.

Chinese home appliance maker Midea Group understands that need well.

Chinese companies invested 105.96 billion yuan in economies involved in the Belt and Road Initiative, accounting for 13.1 percent of the total.