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The Beijing-headquartered group will invest 29.97 billion yuan (.58 billion) in both domestic and global markets this year, of which 61 percent will go to its pillar businesses including food trade and processing, branded products, storage and logistics.

The Boeing 737 MAX has been grounded across the world since March this year after two of its models crashed in two separate deadly disasters in Indonesia and Ethiopia last October and this March, with a total of 346 killed.

The BBC's defense correspondent, Jonathan Marcus, said: "Strategic experts see this as a step that can only benefit Russia and weaken NATO as a whole."

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The CPC employed its collective wisdom to launch the five-year plan system in 1953. Next year will mark the 14th five-year period.

The Belt and Road trade and investment forum will held in Beijing and is expected to attract more than 600 participants from 70 Belt and Road countries and regions, Yu Jianlong, secretary-general of China Chamber of International Commerce (CCOIC), told a press conference Thursday.

The Beijing-headquartered group will seek alliances with capable foreign companies familiar with the local business environment in overseas markets, Li said. He made the remarks during an Open Day event the group had organized this month to introduce its big-ticket projects such as the Mombasa-Nairobi Standard Gauge Railway in Kenya and the Hong Kong-Zhuhai-Macao Bridge, in Shantou and Guangzhou in Guangdong province.

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The CIIE is a good platform to promote bilateral trade between China and Cambodia, he added.

The Beijing branches of most major Chinese banks have raised interest rates on home-purchase loans for first-home buyers, effective from September 14, reports sohu.com.

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The BRI, proposed by President Xi Jinping in 2013, comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road. The number of countries participating has risen to 136 this year.

The CDC reported 1,989 new deaths on Tuesday, pushing the 7-day average daily increase to 1,595, the highest since mid-May.