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Chinese enterprises have been taking measures such as diversifying export destinations to minimize the possible negative effect of the US-initiated trade war, according to managers.

Chinese major insurance company China Taiping Insurance Group launched its new insurance service center that targets the Association of Southeast Asian Nations market during the ongoing 16th China-ASEAN Expo in Nanning, capital of South China's Guangxi Zhuang autonomous region, in a bid to help promote regional economy and expand the Belt and Road Initiative.

Chinese carmaker Beijing Automotive Group Co will phase out conventional fuel-powered cars under its own brand by 2025 as part of its ambitious new energy car campaign, according to a top company official.

Chinese authorities have explored funding infrastructure and public works through PPP models since late 2013, amid growing concern over rising local government debt incurred through local financing vehicles.

Chinese energy companies have been also speeding up efforts to build hydropower stations worldwide in the past few months.