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According to the quantitative trade model of a World Bank study, the Belt and Road Initiative will increase the GDP of East Asian and Pacific developing countries by 2.6 percent to 3.9 percent on average.

"I am just as interested as you are in what the Australian government would say," said the spokesperson.

Bacow said it is admirable that the Chinese government attaches great importance to higher education and makes huge efforts in this regard, noting that Harvard will continue to promote exchanges and cooperation with Chinese educational and scientific research institutions.

Local governments will also step up support for strategic emerging industries in financial aid, technological innovation and the business environment. Efforts should be made to improve strategic emerging industries' capabilities to innovate, said the newspaper.

China respects Armenian people's independent choice of development path, highly appreciates Armenia's firm support on issues concerning China's core interest and major concerns, and will join hands with Armenia to take the opportunity of jointly building the Belt and Road to deepen practical cooperation in all fields, so as to benefit peoples of the two countries, Shen said.