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As the world's second-largest economy, China will continually play a significant role in contributing to the global economic growth, said Liu.

As the global smartphone industry shifts from the 4G to 5G era, shipments worldwide are suffering from a decline. But Huawei said earlier it aims to grab a 50 percent share in China by the end of this year or next year, as it shifts its global mix back toward China amid US government restrictions.

As the major investor in the continent, China of course follows closely Africa's possible debt risks. And we also care about the safety of our investment. That is why we have been very serious with the feasibility study of each and every investment and financing project, making sure that the project is profitable, sustainable, and that the recipient is able to service debt. Giving out free loans without thinking about debt repayment and reasonable profits, any financial institutions in the world will go bankrupt. China is no exception.

As the thinnest, hardest material with the best thermal and electrical conductivities known so far, graphene is bringing revolutionary changes in the manufacturing of semiconductors, PV, lithium batteries, supercapacitors and electronic displays.

As the RMB index is a measure of the yuan's exchange rate against a basket of its peers, and as the strength of the dollar means varying degrees of weakness of a basket of currencies, the RMB index is lower naturally.