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China Reinsurance Co Ltd data showed serious illness insurance and short-term medical insurance has been growing at 30 percent to 80 percent per year in the last five years and is expected to grow at double digit rates at least for the next three to five years.

China and the ASEAN in recent years have achieved a series of cooperation outcomes in technological communication and building laboratories as well as science parks, he said, and the two sides should take this year as an opportunity to push forward technological innovation cooperation to inject new impetus into China-ASEAN cooperation as well as to East Asia regional development.

China Three Gorges Corp started work on several offshore wind farms last year.

China United Airlines, a subsidiary of China Eastern, will be the first airline to transfer its base of operations to Daxing. Currently at Beijing Nanyuan Airport, it will operate over 130 daily flights from the new airport, serving 60 routes.

China and other countries would like to invest along the Belt and Road. But the investment climate needs to be good. There are a lot of infrastructure needs, but the policy environment for infrastructure investment needs to be right. A great deal of reforms will also be necessary to make the Belt and Road Initiative a success. Then, of course, there is the infrastructure itself, which will require quite a bit of financing, and that is one of the areas that the World Bank and our colleagues from the private sector arm, the International Financial Corporation, are focusing our efforts on. We are looking at policy, sectoral investment climate, and financing as well.