The international business community has expressed high expectations for the first China International Import Expo (CIIE) and is looking forward to the opportunities it will present when the six-day event kicks off in less than 100 days.
The increase in Chinese enterprises' digital procurement spending this year will be higher than that of last year, the report said.
The initiative, called China Global Publishing, was unveiled on the eve of the three-day London Book Fair.
The institute also independently developed unique technical equipment for greenhouse gas measurement and soil carbon sequestration, acquiring 16 domestic and foreign patents.
The industrial park being financed by the Chinese company was signed at a ceremony witnessed by Kenyan President Uhuru Kenyatta.
The huge consumption potential for new energy vehicles has drawn foreign investment into the Chinese market, according to Bai Ming, a researcher with the Chinese Academy of International Trade and Economic Cooperation.
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The initiative, which comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was proposed by Chinese President Xi Jinping in 2013, with the aim of building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes.
The infrastructure industry saw moderate growth in 2018, with proposed projects increasing 5.3 percent year-on-year in numbers. And the manufacturing industry experienced a 24 percent increase in the number of proposed projects in 2018.
The importance of Chinese scholars was echoed by leaders of top US universities. The presidents of Yale and the Massachusetts Institute of Technology and the chancellor of UC-Berkeley each sent out a campuswide email on the significance of the Chinese community to their schools.
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