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China's Geely Holding has partnered with Swedish marque Volvo Cars to share existing and future auto technology, which is expected to enhance their competitiveness by slashing development costs.

China's Belt and Road Initiative has played a key role in staving off the negative impact caused by the COVID-19 pandemic, an expert said on Wednesday.

China witnessed the largest net fleet addition in helicopters (turbine) of 89 among all markets in Asia in 2018, a 14 percent growth year-on-year, the report said.

China will hold the first expo on international imported products in Shanghai next year as a measure of encouraging imports, Xi said, adding that China does not seek a surplus.

China will support logistics development in terms of urban planning and land use, and improve national-level logistics centers and railway services.