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China led in the number of metal, construction, automotive and real estate companies. However, healthcare and medical companies in the US outnumbered Chinese counterparts on the list.

China may see a major investment into the precision medicine sector by 2030 as the nation calling for more efforts in the sector, which would benefit startups and other internet-based healthcare companies a great deal, said industry experts.

China will better facilitate crossborder trade and investment with new measures including improving foreign exchange management and further streamlining regulatory requirements, with a view to attract foreign investors with a more enabling business environment.

China spends more than 0 billion to import chips every year, more than the amount spent on crude oil imports, said Deng, who is also a member of the 13th National Committee of the Chinese People's Political Consultative Conference.

China supports Angola in pursuing a development path that suits its own conditions, promoting its economic diversification strategy and enhancing its self-development capacity, Wang said.