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China's coffee consumption was up by 16 percent a year over the past decade, according to the International Coffee Organization. The coffee market in the Asian country was worth .5 billion in 2017, according to Euromonitor.

China's loan commitment to the Belt and Road countries will be fulfilled in the next 3 years or so, Hu predicted. CDB will adhere to the market-oriented operating principle of the fund, offering key support to infrastructure construction, production capacity and financial cooperation, he added.

China's main investments in Chile last year included State Grid International Development buying Chilquinta, an energy distribution company, for .2 billion. Joyvio Group, part of Legend Holdings, bought Australis, a salmon farming company, for 0 million.

China's growth will likely be a bright spot in the global economy as the country's GDP is projected to expand by 8.1 percent next year while the global economy is still facing recession risks as the COVID-19 pandemic has not been effectively contained, a new report said.

China's new energy passenger car market expects to see strong incremental momentum next year to increase by 400,000 vehicles compared with this year, financial media Cailian Press reported on Friday.