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China Road and Bridge Corporation (CRBC) is set to continue with the construction of the phase 2A of the Standard Gauge Railway (SGR) following the start of fast-tracking of land acquisition and compensation process by relevant authorities.

China also took a leading role in industrial designs in 2019 with the country's IP office receiving applications containing 711,617 designs last year, corresponding to 52.3 percent of the world's total.

China Unicom, Huawei and their industry partners launch a 5G Capital Cube project. [Photo provided to chinadaily.com.cn]

China and Portugal both stand at a critical juncture of development. China is comprehensively deepening reform and expanding opening-up, while Portugal is committed to faster development and national renewal. China will join hands with Portugal to further enhance mutual understanding and trust, expand and deepen practical cooperation, and substantiate our comprehensive strategic partnership. By working together, we will create an even brighter future for China-Portugal relations.

China Investment Corporation is also carrying out strategies similar to the other major sovereign funds. According to Tu, about 50 percent of its overseas investment portfolio will be targeted at alternative assets and direct investment by 2022 to better serve China's development strategy and provide strong support to the country's foreign exchange investment returns.