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To this end, the country will enhance integration of basic science and application study, stimulate enterprises, universities and institutions to increase investment on fundamental researches.

SHENYANG, Jan. 29 (Xinhua) -- Northeast China's Liaoning Province has lifted 1.02 million people out of poverty in the past five years, local authorities announced at the ongoing local legislative session.

Aside from the 688-km ECRL which will cost 55 billion ringgit (13.5 billion U.S. dollars), a Chinese consortium also won the contract for the electrified double-tracking project of the railway line between Gemas and Johor Baru in southern Malaysia. As for the high speed rail linking Kuala Lumpur and Singapore, Chinese companies also have long expressed interests.

There's a role to play for institutions too. The Asian Infrastructure Investment Bank (AIIB) has expanded its membership to 84 after recently taking in the Cook Islands, Vanuatu, Belarus and Ecuador, representing a vote of confidence in the bank by the international community.

Founded in 1953, the ACFIC is a non-governmental organization chiefly made up by enterprises and people in the private industrial and commercial sector.