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Chinese mainland TMT firms raised 97.2 billion yuan ( billion) from 55 initial public offerings in the first half of the year, a slight decline from the 74 listings seen in the second half of 2019.

Chinese enterprises have focused their investment on telecom, agri-food manufacturing and renewable energy, helping improve infrastructure and diversify consumption in the region, said Burgos.

Chinese medical teams are now present in most countries in Africa, providing services including diagnosis and treatment of AIDS patients, Feng said. To help African countries fight AIDS, China has also trained a number of African medical personnel, Feng added.

Chinese carmakers used to turn up at major shows to raise their international profiles.

Chinese Vice President Wang Qishan also met with Voutsis on Tuesday in Beijing.