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Chinese business leaders are more confident and prepared in addressing the challenges brought by new technologies than those in many other countries, said Cindy Hook, CEO of Deloitte Asia-Pacific, a global consultancy firm, on Thursday.

Chinese energy companies are expanding their presence in countries and regions participating in the Belt and Road Initiative, and promoting green, clean power generation in countries beyond China.

Chinese online shopping website Tmall.com, which is backed by Alibaba Group Holdings Ltd, has also started to sell US beef. It said 400 grams of fresh sirloin steak sells for 208 yuan (.6) on Tmall.com, and 300 grams of filet steak has a price tag of 228 yuan.

Chinese demand for aluminum is more than half of global demand at an estimated 60 million metric tons this year, according to the London-based the International Aluminum Institute.

Chinese authorities have the policy space to tackle economic downside risks, but the counter measures need to be consistent with the structural rebalancing of the country's economy in the longer term, the World Bank said on Thursday.