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Chang Meng, director of Boss Zhipin Research, said that blockchain overturned the traditional production model and created a new type of internet, and such evolution makes many enterprises scramble to get a piece of the action.

Central SOEs also contributed to local economic growth through the purchase of goods and materials, according to the report. About 29 percent of central SOEs have over 90 percent of their goods and materials purchased in countries in which they have set up overseas operations.

Chai Sen, chairman of Beijing Zhongze Culture Industry. and executive director of Propeller Culture and Media (Beijing), said: "The fund will undoubtedly bring together the very best of industry knowledge, talent, technology, experiences and business opportunities from the UK and China."

Central Asian countries tried their best to assist China when the virus first hit the country, and in return, China has offered medical assistance and sent medical teams to the five countries to help in their fight, which is conducive to slowing the spread of the pandemic, he said.

Chairs sit in social distancing circles because of the coronavirus disease (COVID-19) pandemic awaiting the arrival of attendees at US Democratic presidential nominee Joe Biden's 2020 US presidential election night rally in Wilmington, Delaware, US, November 3, 2020. [Photo/Agencies]