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Joseph Jacobelli, a senior analyst of Asian utilities and infrastructure at Bloomberg Intelligence in Hong Kong, said the Namibian deal and other similar deals are very important for China in energy security concerns.

Jordan said retailers have very complex supply chains that span the globe and cannot quickly or easily change from one to the other. Even slight changes to the supply chains could drastically increase their costs.

John Shen, Accenture Strategy Greater China managing director, said: "International automakers have to expand their local R&D capabilities to accelerate their product development, while boosting the correlations with the local demands."

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Jim Everson, president of the Canola Council of Canada, said in a news release that it is a great day for canola innovation.

Job seekers stop by a company booth at a career fair at Anhui University of Science and Technology in Huainan, Anhui province, on July 21. [Photo by Chen Bin/For China Daily]

Julien de Beaumarchais de Rothschild, the vice-chairman of the board of directors for the winery, is doubly pleased by this artistic tour-de-force. "When I discovered Xu Bing, I was captivated by him as an inventor of signs endowed with incredible poetic power," he says. "Then I said to myself that our labels were also signs, with each work of art referring to a year: the 1973 vintage can also be called the Picasso Mouton, as the 2018 vintage will be called the Xu Bing Mouton."

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Jin, a former vice-president of the Asian Development Bank, earlier said that the AIIB is a 21st century bank, with modern policies, international management and talented staff from across the globe.

John Banks, president of the Real Estate Board of New York, told China Daily that the law "will have a negative impact on our ability to attract and retain a broad range of industries, including technology, media, finance and life sciences, that provide opportunity and continued economic growth that is so important for our city."

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Journalists look at an Audi Aicon autonomous electric car at the Volkswagen Preview Night in Frankfurt, Germany. SEAN GALLUP/GETTY IMAGES

Jiang launched Marathon Ginseng International in 2010. With China being a leading consumer of ginseng, Jiang has been targeting the Chinese market from the beginning. As of 2015, the company exported half of its production to the Chinese market.