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Chinese outbound direct investment to the US soared to .6 billion last year, according to consultancy Rhodium Group, three times that of 2015. But growing scrutiny over Chinese investors has led to more failed buyout attempts, with Washington citing "national security concerns".

Chinese companies signed 187 project deals with contract value of more than million in the first quarter of 2020. The total value for these projects reached .74 billion, according to the ministry.

Chinese nuclear companies are initiating new projects across the world and have the potential to become the next major nuclear technology suppliers on the global stage together with well-tested technologies from Canada, France, Russia, South Korea and the United States, said an industry analyst.

Chinese and foreign teachers welcome the Chinese New Year with wonderful performances. [Photo provided to chinadaily.com.cn]

Chinese companies are ahead of the curve in digital transformation and they will help drive the country's development, as well as the development of partners along the Belt and Road routes. The partnerships in technology and innovation, which will be built between China and other economies, will provide a good foundation for multilateral cooperation.