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Liu was addressing over 500 business, political and cultural leaders at a Chinese New Year celebration hosted by The 48 Group Club and the China Chamber of Commerce in the UK.

Located in Russia's Yamal Peninsula in the Arctic, the project is owned by Novatek (50.1 percent), France's Total (20 percent), China National Petroleum Corporation (20 percent) and China's Silk Road Fund (9.9 percent).

Lo said the packaging of projects into prospective investees and making them available for public trading is "an important step forward", because many infrastructure projects are capital-intensive and might not ensure short-term returns.

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Lopez said that 17 rounds of negotiations have been held so far since RCEP negotiations were launched in 2012.

Long Fukang, who works for a cattle breeder, said poor villagers can secure a steady income from the beef industry.

Local authorities in China also unveiled a series of policies to accelerate the development of the industrial internet.

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Lopez, also chair of the upcoming Mayors Summit in Texas, said she believed that as the world becomes more complex, it becomes more imperative for mayors and other officials of China and the US to “come together for common solutions to problems that we all face”.

Looking forward to the new year, Yang said that the Shanghai Composite Index will likely stand firm around the 3000-point area, while pointing to the possibility of a 20 percent increase, he said.

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Lord Mayor of City of London willing to take long-term view to strengthen multilateralism

Local governments in various regions, cities and counties recently launched a number of policies to support small businesses. Owners and executives of the companies must pay close attention to these policies and seek government assistance accordingly.