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Committee of 100 (C100) should and will play a bigger and more active role in helping China and the United States and their two great peoples better communicate with and understand each other, said Roger Wang, the new chairman of C100.

Combined profits attributable to shareholders totaled 1.67 trillion yuan, up 21.12 percent year-on-year.

Companies are expected to lower costs by more than 200 billion yuan from 2018 to 2020, according to an estimate by the Guangdong provincial government.

Concerning priority topics involving modernizing small and medium-sized enterprises (SMEs) through the digital economy, the executive director noted that China and the United States have set examples in that direction, with China now leading in mobile-based e-commerce and the United States on laptop-based e-commerce.

Compared with established ports in northern Europe such as Rotterdam, Antwerp or Hamburg, Italian ports could save about five days' sailing time for ships passing the Mediterranean, Duci said.