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Nearly 600 people will attend the conference, including about 40 famous global politicians, strategists and entrepreneurs.

According to Hu, only a few years ago there were only one or two Chinese companies in Croatia. In the last two years, however, the number has tripled, while Chinese investment in the country witnessed remarkable growth.

He also lauded the rapid development of bilateral cooperation in various fields and the achievements made so far led by the joint construction of the Belt and Road Initiative.

Chongqing pilot FTZ, for instance, is exploring its strategic importance as a junction for international logistics. Through China-Europe freight train service, an international logistics system has been formed, connecting Chongqing with the Pacific in the east, Europe in the west, the Association of Southeast Asian Nations (ASEAN) in the south and Russia in the north.

The Pacific island countries are ready to actively participate in the joint construction of the Belt and Road and strengthen cooperation with China in such areas as trade, investment, fishery, tourism and infrastructure construction, they said, which would boost their own economic and social development.