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As a pioneer of Belt and Road Initiative projects, the company has established 193 branches and offices in 103 countries and regions. It has more than 60 subsidiaries, including China Harbor Engineering, China Road and Bridge, and Shanghai Zhenhua Heavy Industries. It employed more than 35,700 people in 135 countries and regions by the end of last year.
As an old friend of the Chinese people, Masire has made significant contributions to China-Botswana friendship and cooperation as well as to the development of China-Botswana and China-Africa relations, which will be remembered forever by the Chinese people, Xi said.
As for the escalated China-US disputes and external uncertainties, policymakers and advisers at the forum showed some concern over financial decoupling of the world's two largest economies. They called for promoting the renminbi's use in cross-border trade, investment and commodity transactions to reduce dependency on the US dollar.
As a result, foreign investment now have easier access to China's highway passenger transport, processing of certain rare metals, as well as manufacturing of rail transit equipment, and cooking oil, among others.
As excess capacity has weighed on China's overall economic performance, cutting overcapacity has been high on the government reform agenda.
来源：资阳报