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Chongqing is also a hot destination for ROK investors. As of September, 222 ROK companies have invested in the city, according to the government report.

Citizens of China and Armenia can enjoy 90-day visa-free arrival in the other country starting from Jan 19 next year, according to the Chinese embassy in Armenia on Monday, Xinhua reported.

Chinese tech giants are busy deploying their cloud offerings overseas－paving the way for the growing number of local companies expanding aggressively abroad and their projected demand for data storage and processing.

Clinton said he would be "forever grateful" for that friendship.

Chinese stocks closed higher on Dec 29, the last trading day of 2017, with the benchmark Shanghai Composite Index up 0.33 percent to close at 3,307.17 points and the smaller Shenzhen Component Index closing 0.61 percent higher at 11,040.45 points.