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Chinese firms, along with peers from other manufacturing nations, have started to transfer at least part of their production bases to less-developed economies in search of lower labor costs. Domestically, the government is pushing industries to move up the value chain, shifting to a new growth pattern based on innovation rather than cheap labor.

"Pushing forward the internet plus advanced manufacturing is an important measure to enable the transformation and upgrading of the real economy. China owes the fast development of its new growth engines to its abundant human resources and talents, vast market and the prudent yet accommodating government oversight," Li said.

China sent its first convoy fleet to Somali waters for an anti-piracy mission in December 2008.

Ivy Hu, sales manager of the kitchen equipment provider Furnotel from Guangzhou, said that her company saw potential of expanding business in the UAE and Saudi Arabia although they already had a client base there.

According to early estimate of the World Bank, the development of BRI will likely influence the foreign direct investment activity in developing East Asia and Pacific region, because the initiative involves more than 60 countries and a combined inward FDI stock of around 6 trillion U.S. dollars.