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Anthony Jackson, vice-president of the Center for Global Education at the New Yor-based Asia Society, a nonprofit, nonpartisan educational institution that focuses on connecting the people and institutions of Asia and the US, said that in the last 10 years there has been an increase of interest among students in the US to learn Chinese.

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Another factor contributing to SGCC's profitability and increasing presence in overseas projects is that Chinese companies have low construction costs, he said.

Another crucial area which has generated a great deal of debate concerns environmental issues, such as global warming. As we know, the country is a leader in renewable energy, which is vital in combating the problem. Scientists have made it clear that the world is getting warmer and the hot summer in Shanghai this year underlined that.

Apart from pinpointed support for affected small businesses, the nation is expected to accelerate fiscal support to expand domestic consumption and investment, especially in new types of infrastructure and urbanization, to counter uncertainties in external demand, Liu said.