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China's outbound investment continues to be weighed down by a number of factors including restrictions on outbound investment from Beijing, strengthened regulatory reviews in the United States and Europe, slowing growth and lower liquidity in the Chinese economy, and geopolitical tensions, according to the report.
China's efforts to invest in new infrastructure at home will increase the resilience of global supply chains. This is because, as one of the most important nodes in the global value chain, China is a critical link in the supply, production and distribution channels of companies across the world, many of which have no physical presence in the Chinese market, he said.
China's economy has entered a period featuring medium-high growth rather than fast growth, along with upgraded economic structure and innovation. The changes in the world's second-largest economy are driving demand for skilled workers and entrepreneurs.
China's foreign exchange reserves rose for the seventh straight month in August to .09 trillion after having slipped below the trillion level in January.
China's development will bring more opportunities to Africa, while Africa's development will add momentum to China's development, President Xi Jinping said.