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As a national professional exhibition sponsored by the Ministry of Commerce and the Dalian government, it has attracted more than 800 enterprises from different countries and regions, including the US, Denmark, Canada and Japan.

As a world leader with regard to renewable energy technology as well as with strong financial support, there is expected to be more cooperation between Chinese power companies deploying their know-how as well as their balance sheets in African countries in the long term, said Jacobelli.

As a new semester starts, children of migrant workers return home in Fuyang, Anhui province, after they spent holiday time with their parents in their workplaces.[Photo provided to China Daily]

As he put it, reform has set China on a rapid course of development. Penaranda mentioned China's progress in e-commerce, mobile payments and the pioneering high-speed railways in particular. All these have changed people's lives at home and also impacted those in the close vicinity of China, such as the Philippines, he said.

As a result, nonperforming loan ratios of local banks in these regions may increase. Furthermore, a decline in the banks' asset quality may lead to a fall in their loan loss provision coverage ratios and even capital adequacy ratios, said Lu in an article posted on his WeChat official account.