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Despite the mobile phone market shrinking, the drop has been moderated, said the report.

Depreciation of the pound because of uncertainties around the UK's exit from the European Union is a key contributing factor, helping Chinese investors buy sterling assets at a discount.

Dennis Pamlin, senior adviser at the Research Institutes of Sweden, and founder of 21st Century Frontiers, said: “When we look back at the past 40 years, we also find new inspirations. Things we couldn’t dream about 40 years ago – such as talking with each other so easily across continents, or lifting so many people out of poverty, are now possible. So, when we start looking at the next 40 years, we should allow ourselves to think big. It is not just China’s dream, but the world’s dream.”

Deng said that since Tajik President Emomali Rahmon's visit to China in 2017, during which the two countries established a comprehensive strategic partnership, bilateral cooperation has moved on to a development fast track.

Despite the domestic helicopter sector still being in its infancy and the market scale being much smaller than in Europe and the United States, it has quickly caught up in recent years. The Chinese mainland now stands as the second-largest helicopter market in the Asia-Pacific region, right after Australia. Last year, the Chinese mainland added 82 new helicopters, which is the largest annual increment recorded in the Asia-Pacific region.