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China Investment Corporation is also carrying out strategies similar to the other major sovereign funds. According to Tu, about 50 percent of its overseas investment portfolio will be targeted at alternative assets and direct investment by 2022 to better serve China's development strategy and provide strong support to the country's foreign exchange investment returns.

China and Laos should enhance the complementarity of their development strategies through mutual assistance, advancing construction and operation of major projects such as China-Laos railway, economic cooperation zones, satellite, and hydropower stations, he noted.

China and India could work together to build an even closer partnership in the new era as the countries' leaders reset their relations through the just-concluded informal meeting in the coastal city of Chennai in southern India, officials and experts said.

China and Russia should speed up implementing the consensuses reached by their two presidents and enhance cooperation in such areas as energy and innovation, President Xi Jinping said on Wednesday.

China Merchants Securities is one of China's oldest and largest securities houses. It established a UK subsidiary in 2013 and over the past few years helped its clients trade commodities through the London Metals Exchange and Intercontinental Exchange.