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Citing the smart city forums jointly organized by Europe and China as an example, Raffarin suggested that "all the strengths of our traditional cooperation can be mobilized for (the) BRI."

Clini said China is fully aware of the overcapacity issue and is also implementing new environmental measures. As a result, "a big restructuring of the Chinese steel market is taking place and China is becoming a world leader in innovative environmental technologies," he said.

Chinese tech giant Lenovo Group posted .5 billion in revenue in the quarter ended in September, marking its ninth consecutive year-on-year quarter of growth.

Chinese ride-hailing platform Didi Chuxing bought a controlling stake in Brazil's 99 on Thursday, Uber's main rival in Latin America's largest economy, marking the company's first cross-border acquisition on its drive toward globalization.

Chinese top chipmaker Tsinghua Unigroup is consolidating its semiconductor business through reshuffling subsidiaries, including one that has written big checks to buy Linxens, a French smart chip components maker.