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Computer, communication and electronic equipment manufacturing is expected to have the largest number of companies with profit growth. Chemical and machinery companies also expect satisfactory profit growth as China's continued emphasis on industrial restructuring has tackled overcapacity and prompted rising prices in industrial products.

Compiled by the Chinese Academy of International Trade and Economic Cooperation of the Ministry of Commerce, the first volume collects 20 stories from five continents across industries such as agriculture, manufacturing and service, involving sectors such as foreign trade, investment, engineering, assistance and foreign aid.

Cohen said that anytime a conflict or real difference arises, "then you have to sit down and talk about ways you can afford crossing the lines, and to keep the relationship going, so it's engagement".

Companies and experts said optimizing the business environment is a key factor behind the growth of foreign investment in Zhejiang.

Compiled by the China Audio-Video and Digital Publishing Association, the report serves as a prelude to the 2020 China Digital Entertainment Expo and Conference, a gaming pageant better known as China Joy, that will start in Shanghai on Friday.