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As for investment income sources in 2019, 31 percent of respondents' income mainly comes from funds or wealth management products, and 30.5 percent from investment in real estate. The vast majority of new middle-class families have made profits from investment and financial management, but their overall returns are small, and 40 percent have a 0-4 percent return on investment and financial management, the report said.

As a strand of the global New Silk Road, China is also building a 926-km railroad from Tehran to the eastern city of Mashhad, Iran's primary pilgrimage site which attracts tens of millions of visitors each year. Construction of the electrified railway by China National Machinery Import and Export Corporation, also a State-owned enterprise (SOE) , is expected to take up to four years. Once completed, it will reduce the journey from 12 hours to 6 hours and increase transportation capacity to 25 million passengers and 10 million tons of cargo per year.

As a global association, the GSMA is actively supporting China's three telecom operators to cooperate with carriers along the Belt and Road region on telecom roaming and infrastructure construction, pushing the export of China's home-grown TD-LTE and building an international platform, according to Si Han, head of GSMA Greater China and Asia.

As for China, the World Bank expects its economy to grow 5.9 percent in 2020 and 5.8 percent in 2021－0.2 percentage point below previous projections for both years, amid a slowdown in labor productivity growth and continued external headwinds.

As a plug-in hybrid model of the third-generation Cayenne, the Cayenne E-Hybrid made its China premiere at the Guangzhou auto show last November; the car features enhanced overall performance thanks to its performance-oriented design.