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Cars produced by Dongfeng Peugeot Citroen Automobile Co catch visitors' eyes at an auto expo in Wuhan, Hubei province. [Kun Shao/for China Daily]

Chang said China and Egypt have great potential for extensive cooperation under the Belt and Road Initiative. Konka will accelerate its steps to penetrate and expand in Egypt and other overseas markets under the BRI framework, he said.

Chang Hao, Yutong's deputy general manager of international business, says: "The E10 model was developed based on local needs around the specification and user experience. It will give us a strong foothold to compete in the UK market. Many bus operators in London and other major English cities have already booked to try the new vehicle."

Chan, a veteran businessman, said he is confident the global financial hub will survive with the central government's backing, even if the US insists on playing this zero-sum game.

Chairman of Hangzhou Wahaha Group Zong Qinghou, Chairman of Foxconn Industrial Internet Li Junqi and eight others were named as economic leaders of 2019 in Beijing on Thursday, as Sina.com reported.