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Chinese banks' growing size, as well as cross-jurisdictional claims and liabilities, indicate a continuous integration of the country's lenders into the global financial flow, said Sam Theodore, a managing director of the financial institutions group at Scope Insights.

Chinese companies are finding new ways of going global while contributing to the development of relevant countries, thanks to new business opportunities brought about by the implementation of the BRI.

Chinese authorities pledge to rigorously control risks in local government bonds and implicit debt while using bond issuance to finance infrastructure projects and improve weak areas. [Photo/VCG]

Chinese and US companies signed 19 agreements valued at about billion on Wednesday covering areas such as energy, food and transport. It was an effort that Vice-Premier Wang Yang called a "warmup" for more agreements ahead.

Chinese automakers are gaining an increasingly larger market share of their home market, but industry insiders said they should not be overly optimistic as there is still a long way to go.