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Merkel said her government is open to Chinese enterprises' investment in Germany, calling for more mutual investment.

Noting that it is important to adhere to the Party's political, ideological and organizational guidelines as well as its "mass line" tenet, Xi said measures to enhance the Party's ideological and political integrity are a top priority.

The move follows the previous cancellation of 489 such documents.

According to the expert, there are many similarities between China's Belt and Road Initiative and Kazakhstan's "Bright Road" new economic policy proposed by President Nursultan Nazarbayev, as both are laying great emphasis on infrastructure construction.

Major factors leading to a decline in private investment are found to include pressure of an economic downturn, reduction of excessive capacity, insufficient policy implementation, as well as financing difficulties facing local smaller, privately-run companies.