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The Chinese embassy in Kenya on Friday hosted a reception marking the 55th anniversary of the establishment of China-Kenya diplomatic relations.

The China-proposed Belt and Road Initiative has helped the country win more and more friends from around the world, he added.

The China (Foshan) International Intelligent Robot Expo 2020 kicked off on Thursday, and it will run until Dec 6.

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The China Electronic Local Government Bond Market Access platform (http://www.celma.org.cn) run by the Ministry of Finance will release information including local governments' debt ceilings and outstanding debts and the bonds they have issued.

The China Banking Regulatory Commission has revised rules for foreign banks, scrapping approval procedures for four items including overseas wealth management products and portfolio investment funds. Banks only need to report their services to authorities rather than obtaining approval in advance.

The China International Fair for Trade in Services, to be held from Sept 3 to 7, has been jointly hosted by the Ministry of Commerce and the government of Beijing for six continuous years.

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The CVEA was founded in 1917 by dozens of Chinese figures in educational and industrial fields.

The Chinese government has been strenuously working to reduce corruption for at least the last six years. This year's Fourth Plenum reinforced the concerns and decisions of the October 2014 Fourth Plenum which also focused on the systematic legal and political reforms needed to establish good governance throughout China. Referring to the anti-corruption campaign, Vice-President Wang Qishan said at that time that the anti-corruption campaign dealt with "symptoms, not the root cause" but it could gain the necessary time to find a way to cure the disease in the future. As this year's Fourth Plenum confirmed, a stronger rule of law is the key to that long-term cure.

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The Chinese government's investment in roads, water projects, logistics, and internet facilities in rural areas has enabled the rise of e-commerce entrepreneurs seizing new opportunities throughout the country. Many former migrants who once worked in factories or as deliverymen in cities in eastern China are now returning to their hometowns and establishing businesses.

The Chinese government subsequently established four special economic zones in 1980 based on the Shannon model. These became a major driving force for China's economy, allowing private investment to flow into the country and a huge transfer of skills and technology to take place.