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China Railway Design Corporation, which designed the line, said engineers took geological conditions and environmental protection into consideration when drawing up the route and built tracks, bridges and tunnels that suited local geological conditions. About 74 percent of the line in Shanxi comprises bridges and tunnels.

China Railway Group Ltd, an infrastructure construction company, will build a high-speed railway in Russia connecting the country's third-largest city Yekaterinburg with Chelyabinsk, as the Chinese company's overseas business keeps expanding.

China and other partner economies participating in the initiative have achieved fruitful results, Weng said. SOEs have participated in more than 3,000 projects in countries and regions covered by the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

China United Network Communications Group Co Ltd saw its net profit jump 176.4 percent year-on-year to 430 million yuan in 2017, as the country's mixed-ownership reform has enhanced its competitiveness and improved financial performance.

China and Central and Eastern European countries can play complimentary roles to each other with massive potential for cooperation in the energy sector, especially in renewable energy power generation, smart grid technology, advanced nuclear power technology, clean use of fossil fuels and smart energy, insiders said.