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The cooperation between China and Madagascar is excellent, he said, adding that he hopes cooperation opportunities offered by the BRICS members can bring his country more Chinese investors.

The cooperative began growing stevia plants in Jalaid Banner about a decade ago, originally importing seedlings from Japan, and has since expanded the planting area from 1,214 hectares to 4,047 hectares.

The country had met its target of cutting steel capacity by 50 million tons by last August by phasing out substandard steel bars and closing zombie companies, according to the National Bureau of Statistics.

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The council leader said the area's history is an inspiration for the future. "The Chinese government is developing these 'silk routes' out of China and it wants to work with partners who feel the same when it comes to respecting the past but also moving forward."

The country needs to deepen reforms in rural areas to bring fresh impetus to the rural economy, which has seen growth rates slow, experts said after the Chinese Academy of Social Sciences published a report on Friday on China's rural development.

The country has attached great importance to 5G in its 13th Five-Year Plan (2016-20). In March, the Ministry of Industry and Information Technology announced the country had established the world's largest 5G test field in the race to standardize the technology.

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The country is either leading the world or comparable with developed countries in some biotech fields, including super hybrid rice breeding technology and application, transgenic plant research and animal somatic cell cloning.

The country has been mobilizing a large number of people to do contact-tracing and isolate those who are infected or have had contact with someone carrying the virus.

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The country launched corn-to-ethanol pilot programs in 2004 as part of the efforts to cut emissions and advance new energy. The country is the world's third-largest bioethanol producer, using nearly 2.6 million tons a year.

The cooperation in the auto steel project will allow the two partners to enhance their respective competitiveness and deepen their comprehensive cooperation partnership, HBIS said.