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The Chinese Lunar New Year week is a traditional period of shopping that companies exploit to promote brands and sales, they said.

The China Securities Regulatory Commission said last June that qualified wholly foreign-owned enterprises and joint-venture companies can apply to become privately offered fund managers at the Asset Management Association of China.

The China Council for the Promotion of International Trade recently published a report indicating that about 70 percent of China's exhibition venues had an occupancy rate of less than 20 percent. This poses great challenges for such venues to stay profit-able, said Kruppe.

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The China-proposed Belt and Road Initiative is worth 30 percent of global GDP, covers 38.5 percent of the world and involves 62.3 percent of its population, according to SACE.

The China-CEEC leaders' meeting agreed to set up a 16+1 Global Partnership Center of CEECs and China in Sofia, Bulgaria to help enterprises from 17 countries to better understand EU laws and regulations, he said.

The Chinese government will provide support for the work of the ambassadors, and hopes that they will actively contribute to bilateral relations and friendship between China and their countries, Xi said.

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The Chinese authorities have rolled out many supporting measures to minimize the contagion's impact on foreign companies. The moves have helped facilitate production recovery at a growing number of firms, he said.

The Chinese central bank announced Sunday that it will cut the cash amount required to be reserved in commercial banks by 50 basis points starting July 5, a measure to facilitate targeted lending to small and micro enterprises.The fund, to be released through cutting the reserve requirement ratio in the five largest State-owned banks and 12 joint-stock commercial banks, could reach nearly 500 billion yuan (.9 billion), as the People’s Bank of China, the central bank, estimated in a statement on its website.This part should be used “to support the market-oriented debt-to-equity swap projects, and to leverage the same amount of private capital participating in the investment”, according to the statement. Another 200 billion yuan -- to be freed from postal savings banks, city and non-county rural commercial banks, and foreign banks -- will be lent to small and micro enterprises to lower their financing costs, it said.Financial institutions’ activities in both of the two ways will be supervised by the PBOC’s macro prudential assessment framework, a set of tightened regulatory standards to prevent systemic financial crisis, the statement said.

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The Chinese doctors who specialize in such areas as infectious disease prevention, pulmonary and critical care medicine, will also share their practical medical experiences with others in Nigeria. The nation had urged its citizens to remain indoors in Lagos, Abuja and Ogun state for 14 days starting from last Monday.

The Changning earthquake, at 10:55 pm on June 17, left 13 people dead and 226 injured, forcing the evacuation of 81,396 as of Friday.