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Chinese banks have been involved in some of the center's biggest infrastructure projects in the region, including the Hassyan clean coal project and a 700-megawatt concentrated solar power project.

Chinese artificial intelligence company DeepBlue Technology (Shanghai) Co Ltd is expanding into overseas markets, especially those in Europe, the Middle East and Southeast Asia.

Chinese real estate enterprises issued 604.7 billion yuan (.9 billion) worth of bonds domestically and overseas so far this year, among which .4 billion were offshore, reaching a historic high in terms of volume, and it is approaching the total amount of 2017, according to a report by Chinese financial information service provider Wind Information.

Chinese delivery firms handled a total of 63 billion parcels in 2019, up 24 percent from the previous year, while total business revenue grew 23 percent year-on-year to 745 billion yuan (6.86 billion), according to the SPB.

Chinese leaders said "science and technology constitute a primary productive force" as early as 1988 and aimed to build an "innovative country" in 2006. In recent years, President Xi Jinping has emphasized many times "innovation is the primary engine of development" and set "innovation-driven" as a strategic plan for the country's development.