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China's proposal for building the community of a shared future for mankind and the Belt and Road Initiative will make important contributions to advancing world peace and global development, Lajcak said.
China-Malaysia Qinzhou Industrial Park, a business incubator mainly for logistics companies, was co-funded by Chinese and Malaysian governments and seeks to offer services for companies in these sectors. The park's total output surpassed 3 billion yuan in 2017 and is set to surpass 10 billion yuan this year.
China's trade with 16 CEE nations hit billion last year, an increase of 15.9 percent year-on-year, said Ren Hongbin, assistant minister of commerce. Its trade with Germany reached 8 billion in 2017, up by 11 percent year on year, he said. However, the global trading system is facing an unprecedented challenge from rising trade protectionism and unilateralism, he added.
Chinese President Xi Jinping meets with his Kazakh counterpart Kassym-Jomart Tokayev in Bishkek, Kyrgyzstan, June 13, 2019. [Photo/Xinhua]
China’s expressways are expected to lengthen from 130,000 kilometers in 2016 to 150,000 km by 2020, he said.