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As the bellwether of China's steel industry, which is challenged by overcapacity, and need for cost reduction, efficiency improvement, energy saving and emission reduction, Baosteel is determined to lead the Chinese steel sector in seeking high-quality and sustainable development by improving its competitive cost, quality and service, said Zou Yuxian, deputy director of the intelligence manufacture office of Baosteel.

As the pandemic gripped many parts of Europe in March, freight trains out of China were reported to be almost fully booked and providers scrambled to increase the frequency of their train services.

As the job market in China is fairly dynamic and competitive, Kopitsas said J&J China creates 4,500 job opportunities every year and about 80 percent of its employees today are millennials, including fresh graduates and young professionals. Many of them have overseas education or international work experience, bringing diversity, dynamism and innovation to the company.

As such, these platforms, which will be available all year round, have been introduced to help foreign companies understand the domestic market better, in turn facilitating the entry of products, services and technology into China.

As such, Africa and China are now working together to amalgamate China's competitive industries with their high-quality industrial capacity to enhance Africa's industrialization and economic diversification. This mechanism takes into consideration that it is unfeasible to realize real political independence in the absence of economic independence.