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Chinese President Xi Jinping (L) meets with Spanish Prime Minister Pedro Sanchez in Madrid, Spain, on Nov 28, 2018. [Photo/Xinhua]

China's shipping giant COSCO has been managing the port in recent years, giving it a new look with deep investment, and extensive construction is underway.

Chinese Ambassador to Namibia Zhang Yiming said the visit was aimed at enhancing communication and cooperation on astronautics between China and Namibia.

China's service trade totaled 2.23 trillion yuan (5.2 billion) during the January-June period, down 14.7 percent year-on-year, data from the Ministry of Commerce showed. The country's service exports outperformed imports in recent months, with the service trade deficit narrowing 46.1 percent from the same period last year to 401.7 billion yuan in H1.

China's semiconductor or chip industry will see explosive growth as the country accelerates plans to develop the market and cut heavy reliance on imports amid a trade standoff with the United States.