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JINAN, Oct. 17 (Xinhua) -- A new cargo train service linking Binzhou City in east China's Shandong Province and Uzbekistan was launched Friday.

Development charity Oxfam described China' s significant financial pledge as a "game-changer," and the environmental group World Resources Institute said it was a "watershed moment" in decades of climate agreement negotiations.

"We believe that increased cross border investment flows will create economic growth and jobs, lending new momentum to the commercial relationship and fortifying the economic foundation already built."

"In the Asia-Pacific, China and the United States are both extremely important for the regional countries. Southeast Asian countries don't want to pick a side between the two powers, since the trade relations with China and security cooperation with the United States are both vital for them," Peter Cai, a China expert of News Corp. Australia, told Xinhua.

OPPORTUNITIES FOR INFRASTRUCTURE UPGRADE