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CCCUK was founded in 2001 to promote trade and investment between China and the UK. It has 200 member companies, mostly Chinese companies with operations in the UK. In 2017, it organized and participated in almost 40 events, attracting more than 3,000 participants.

CDB president Zheng Zhijie at the Boao Forum for Asia on March 27, 2019. [Photo/VCG]

CEO Robert Xiao said, "The Belt and Road Initiative is bringing opportunities not only for infrastructure companies but for internet content firms like us. With the rising presence of China in the global stage, it is easier for Chinese players to accelerate overseas expansion."

By the end of next year, Beijing will have increased its garbage treatment capacity to 24,000 tonnes a day, said Sun. "By then, all the waste will be incinerated or biologically treated. No untreated garbage will be buried."

By the end of last year, CIFM managed assets worth 160 billion yuan. CIFM saw its turnover reach 434.4 million yuan and net profit hit 121.5 million yuan at the end of May 2019.The fund company's net profit stood at 336 million yuan in 2018 and 335 million yuan in 2017.