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At the opening ceremony, Zhao Huan, President of ABC, said that the branch "operating on a strictly compliant basis, would actively participate in the development of an offshore yuan market in UAE, and promote the use of yuan in China-UAE trade, investment, payment, settlement and market transactions, to support the fast-developing bilateral financial cooperation."

At present, the economic development of cities on the eastern side of the delta, including Shenzhen and Huizhou, is surging, while west bank cities such as Zhuhai and Jiangmen lag behind.

At the meeting, Wang called on countries to resolutely champion multilateralism and free trade and push for a conclusion of negotiations on the Regional Comprehensive Economic Partnership deal before the end of the year.

At the China International Import Expo information mission in Manila late last year, China's Ambassador to the Philippines Zhao Jianhua said China wants its first industrial park in the Philippines to be bigger than its eight other parks in Southeast Asia.

At the OTC opening ceremony, France-based Total CEO Patrick Pouyanne said that he has long-term faith in the deep-water industry because shale drilling can quench only part of the world's thirst for oil and gas.