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Chinese insurance companies saw their premium income drop in the first four months of 2018 year-on-year, dragged down by the decline of the life insurance business due to stricter regulations, official data showed on Friday.

Chinese enterprises invested .64 billion in non-financial sectors in B&R countries in 2018, up 8.9 percent year on year, accounting for 13 percent of the year's total non-financial direct investment.

Chinese authorities have pledged to continue a prudent and neutral monetary policy and properly deal with the relationship between stabilizing growth, deleveraging and strengthening regulatory control.

Chinese private enterprises played a bigger role in trade by contributing 38.6 percent to total trade, up 1.2 percentage points compared with the same period last year.

Chinese companies have been involved in the manufacturing of auto parts, food and electronic products in Kenya, and the country hopes Chinese companies will expand their presence into the processing of agricultural products and light manufacturing, according to Susan Njoba from Kenya Investment Authority.