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As at the end of 2017, the balance of ICBC's wealth management products stood at 3 trillion yuan (7 billion), up 11.4 percent from the previous year. The bank ranked first among its peers in terms of the stock and the increase of WMPs, he said.

As examples he pointed to the 2002-created Global Fund to Fight AIDS, Tuberculosis and Malaria and the US-based President's Emergency Plan For AIDS Relief to get medicines to people to combat some of the world's deadliest diseases as examples.

As a pioneer in pursuing international capacity cooperation, Hebei-based HBIS Group Co Ltd, one of China's largest iron and steel manufacturers, has invested in more than 70 enterprises across the world, with combined overseas assets amounting to billion, according to the company.

As a young factory manager in the 1980s, Zheng was taken by surprise when people stopped using traditional umbrellas in favor of modern and more portable foreign umbrellas that swept across China.

As a result, China plans to incorporate the North and South Poles into its existing Third Pole research, thus allowing China to spearhead a major international research project on all three poles, he said.