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During his latest trip to China last year, he took a bullet train from Beijing to East China's Shandong province, and found the experience "very good."

During his stay in Moscow, Xi will hold talks with his Russian counterpart, Vladimir Putin, and the two sides will sign a series of cooperation agreements in such fields as trade, economy, investment, connectivity, media and education, Chinese Assistant Foreign Minister Li Huilai said at an earlier press conference.

During the promotional activities earlier this year, private companies floated 41 projects involving an investment of 122.88 billion yuan. These projects covered a slew of emerging new tech industries like chip manufacturing, new energy batteries, new building materials, as well as projects such as smart medical care, commercial, cultural and creative tourism.

During the first China-Japan Third-Party Market Cooperation Forum on Oct 26, CIC and five Japanese financial institutions jointly signed a Memorandum of Understanding for Strategic Cooperation to establish a China-Japan industrial cooperation fund.

During the past couple of months, the government introduced a number of relief measures, including direct subsidies and tax incentives, to help cope with economic recession brought about by the double-whammy of the Sino-US trade dispute and protracted social unrest in Hong Kong.