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Speaking of the China-led Belt and Road Initiative, Su said it is about generating more cooperation in the region for mutual benefit.

Southwest China's Guizhou province boasts mild temperature throughout the year. [Photo provided to chinadaily.com.cn]

Southern China's Hainan province is to expand its international flight routes to 100 in the next two to three years.

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Sourabh Gupta, a senior specialist with the Institute for China-America Studies, said the BRI should be understood in terms of existing great and rising major powers, and how countries can create an international system that is inclusive and in which all participants can frame the rules.

Speaking at a symposium on stabilizing foreign trade and investment in Beijing, Li said the government will guide financial institutions to bolster financing support through credit, credit insurance and secured loans to alleviate liquidity problems faced by businesses.

Sorghum imported from the United States is unloaded at a port in Nantong, Jiangsu province. XU CONGJUN/FOR CHINA DAILY

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Specifically, investment in expressways expanded 12.6 percent to reach 191.5 billion yuan while that of coastal construction recorded the fastest growth rate of 26.1 percent to 10 billion yuan, according to the ministry.

Sources from the institute said work will likely restart next year thanks to funding from the National Administration of Cultural Heritage. The amount was not disclosed.

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Southwest China's Tibet autonomous region is planning to invest over 120 billion yuan ( billion) in growing barley and raising yaks, in a bid to drive regional development, according to a development forum held on Monday reported by China News Service.

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