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China's Beijing and Shanghai have been named by the Nature Index as China's most scientifically productive cities, which also enjoy the highest city-to-city collaboration in the country.

China's central bank governor Zhou Xiaochuan said using local currencies for Belt and Road investments and financing will help reduce exchange rate fluctuations and ensure financial stability in those nations.

China will expand market access for foreign investment and continue to reduce the articles of the national negative list and also of the list for the pilot free trade zones across the country, said Zong Changqing, director-general of the Ministry of Commerce's Department of Foreign Investment Administration.

China will make more efforts to cut tariffs on products including cars, senior Chinese official Liu He said at the World Economic Forum annual meeting in January. Import taxes on 187 products were slashed last year, with the average rate down from 17.3 percent to 7.7 percent.

China's FTZs have a proven track record in attracting foreign investment. In the first half of this year, the country's initial 12 FTZs attracted foreign investment of nearly 70 billion yuan (about billion), accounting for 14 percent of the country's total, said Wang Shouwen, vice-minister of commerce.