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"China's industrial profit growth remains stable, although it is easing," said Gao Ming, an analyst at China Merchants Securities. "The easing is worrisome."

"China's cloud computing industry has been burgeoning in the past few years, maintaining a 30 percent average annual growth rate. Ningxia, as an important node of the Silk Road Economic Belt, has an obvious regional advantage of developing cloud computing and bid data," Sui Jing, deputy director of the information communication administration of the Ministry of Industry and Information Technology, said.

"Chinese investors' footprint is spreading across five continents, focusing on not only 'going out' but also upgrading businesses to higher end of the value chain," said Loletta Chow, global leader of EY's China Overseas Investment Network, at a news conference on Thursday.

"Compared to conventional commercial banks, Banco XCMG is capable of providing suitable financial products for its end users and distributors with high service efficiency and low financing costs," said Wang Min.

"Companies flocked to China in large numbers because the country was the first to control the pandemic and resume domestic circulation. As China's dual circulation economic development pattern continues to strengthen, there will be more opportunities for European businesses," He said.