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Unfortunately, though, China's efforts have so far been to no avail.

The Chinese government has said that the area welcomes foreign investment that meets its functional requirements. Experts believe that capital and expertise from foreign investors are needed in Xiongan to meet its goal of becoming a low-carbon, intelligent, livable and globally influential city where people and nature co-exist in harmony.

BIGGER ROLE ON WORLD STAGE

Looking forward, China and ASEAN are expected to further improve their relationship and expand broader cooperation under the BRI, Choy said.

Wang said that as this year marks the 40th anniversary of the signing of the China-Japan Treaty of Peace and Friendship, the 20th anniversary of the China-Japan Joint Declaration and the 10th anniversary of China-Japan Joint Statement on All-round Promotion of Strategic Relationship of Mutual Benefit, the two sides should promote long-term and stable development of bilateral relationship in the right direction by staying true to their original intentions when signing these documents, consolidating the foundation for bilateral ties, taking the history as a mirror and creating the future together.