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China and Kiribati formally resumed diplomatic relations on Friday, after the central Pacific island country severed the so-called “diplomatic ties” with the Taiwan on September 20.

China and Laos have been cooperating and assisting each other in different sectors, and the construction of roads and bridges can further boost relations between the two sides. Currently, many construction companies and infrastructure development projects in Laos have cooperated with the Chinese side, said the report.

China Communications Construction Co, the country's largest provider of transportation infrastructure projects by contract value, will adopt varied models in global markets from infrastructure projects to industrial parks and property development in order to maintain robust growth, said a senior executive.

China International Trade Representative and Vice Minister of Commerce Fu Ziying made the announcement during a press conference at a meeting of China and CEEC economic and trade ministers in Ningbo Thursday.

China and the Netherlands - two strong supporters of economic globalization - will create more jobs, two-way trade and investment opportunities in the next stage of partnership boosted by tangible growth of the Belt and Road Initiative, according to officials and business leaders.