It said the increased investment, especially in the Middle East, would better serve Chinese companies by offering them credit authorization, helping them link to cross-border trade partners and preventing fraud in overseas markets.
It will be difficult to keep double-digit trade growth this year given the many global uncertainties and a high comparison base, Huang said.
It took China, now the world's second-largest film market, less than 10 years to grow its box office revenue from 1 billion yuan (about 5.66 million) to over 60 billion yuan.
It will open up significant opportunities for cross-border trade, and enhance the long-term growth and development of the economies involved. According to McKinsey, the Belt and Road Initiative has the potential to be perhaps the world's largest platform for regional collaboration.
It urged the authorities to consider measures including the confiscation of illegal gains, destruction of counterfeit products and imposition of bigger administrative fines.
It's a "periodic achievement" in poverty alleviation work, Xia Gengsheng, deputy director of the State Council Leading Group Office of Poverty Alleviation and Development, said at a news conference in Beijing last week.
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It starts with a safety monitoring system that would use a gyroscope, camera, infrared beam, radar or other sensors to detect such things as motion, orientation and distance from other objects — then determine in a split second if the device is at risk of damage from impact.
It seeks to provide intellectual and talent support for Belt and Road construction collaboration, and for the future comprehensive strategic and cooperative partnership between China and Africa in building a community with a shared future.
It said the country will continue efforts to facilitate companies' overseas financing, while intensifying supervision to stem risks and safeguard the country's financial security.
It suggests that a supply chain that incorporates improved farm processes, packaging and cold-chain methods has the potential to reduce greenhouse gas emissions by over 20 percent.