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Chinese companies and institutions are also showing strong willingness across regions including the Asia-Pacific region. "In Southeast Asia, a string of Chinese companies are also helping to modernize this process locally," he said.

Chinese companies made outbound direct investment worth billion in non-financial sectors and also signed project contracts worth 4.9 billion in countries and regions related to the initiative between 2014 and 2016, according to commerce ministry data.

Chinese electronics giant TCLaims to solidify its position in the US through a new smart TV line complete with Dolby Vision imaging and a Roku operating system.

Chinese carmaker Geely Auto Group's new brand, Lynk & Co, will go on sale across Europe in early 2020, the company announced.

Chinese companies may think they are promoting economic development, he said, but this must be communicated to NGOs, as they sometimes fear these operations could damage the local environment.