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But the past decade has seen a series of attempts at cross-border exchange deals fail, thwarted by regulators and politicians even when both companies have favored the deal.

But with the setting up of special economic zones under the China-Pakistan Economic Corridor, or CPEC, Pakistan's gem and jewelry sector will get more opportunities in terms of technology transfer, they say.

By 2025, the area plans to have a relatively mature institutional system of investment and trade liberalization and facilitation. By 2035, it will be built into a special economic function zone with strong global market influence and competitiveness, becoming an important platform for the country to integrate economic globalization.

By 2019, China had around 123 million market entities. The vast majority are micro, small and medium-sized firms, which contribute to over 80 percent of the country's employment and some 60 percent of gross domestic product.

But the attempts by the anti-China elements in the US and elsewhere to destabilize Hong Kong will be to no avail, and their hopes that the unrest will spread to other parts of the country will not come to fruition. The nation is united in its support of the SAR government's efforts to bring the rioters to justice and in opposition to those who are trying to use the unrest to put pressure on the country in a bid to contain its development.