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Chinese authorities on June 1 released a master plan for the Hainan free trade port, aiming to build the southern island province into a globally influential high-level free trade port by the middle of the century.

Chinese companies invested .2 billion in 52 economies related to the Belt and Road Initiative in the first three months of 2020, surging 11.7 percent on a yearly basis and accounting for 17.3 percent of the country's total ODI during the three-month period.

Chinese and Russian media outlets should focus more on aligning the Belt and Road Initiative and the Eurasian Economic Union to forge even closer connections between their peoples, a senior Communist Party of China official said on Sunday.

Chinese consumers spent more on high-end products such as upscale clothing, smart glasses and sensor-controlled vehicles.

Chinese firms better than global peers in taking proactive steps, says Deloitte