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Qinghai's installed capacity of new energy has reached 13.9 million kw, accounting for 46.7 percent, surpassing hydropower as the province's largest power source.

"Jointly promoting the Belt and Road Initiative is in line with the UAE's interests and brings opportunities and momentum to our respective development. As an important regional transport hub and financial and trade center, the UAE has a pivotal role to extend China's cooperation with the Gulf and the Middle East," he explained.

For many European companies, the stable and resilient economic growth in this key market is recognized as a significant drive for businesses, which is reflected in their recent annual or quarterly reports.

He also urged the G20 to implement the Paris Agreement on climate change, and to improve energy, environmental and digital governance.

It also should be noted that the economy still faced some difficulties and challenges, they said.