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Chinese filmmaker Zhang Yimou (front C) attends the 2018 commencement of Boston University in Boston, the United States, on May 20, 2018.  [Photo/Xinhua]

Chinese automakers to help partners dominate regional market, lower costs

Chinese provinces and major cities will not only speed up investment in the development of traditional infrastructure categories such as railroad and regional airport development, but also add resources to public health services, 5G networks and cutting-edge manufacturing technologies, amid efforts to mitigate the impact of the epidemic outbreak, said Zhang Liqun, a researcher with the Development Research Center of the State Council.

Chinese energy companies have also invested heavily in Europe's off shore sector. In 2017, energy company China Resources paid 555 million pounds (4 million) for a 30 percent stake in the 402-milliwatt Dudgeon wind farm off the east coast of the English county of Norfolk, and this year, CTG subsidiary China Three Gorges Europe invested 35 million pounds in the Moray East off shore wind project in Scotland.

Chinese businesses are optimistic about the future of the British real estate market after Brexit. According to the UK Commercial Property Investment Review 2017 published by CoStar, a leading provider of commercial real estate information services, Chinese investments in the British commercial property market in 2017 (including those from Hong Kong) totaled ￡8.246 billion, topping all foreign investment in the UK. I am glad that this year the purchase of the new premises of the Chinese Embassy in London has contributed to this figure.