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China is increasingly investing in high quality growth, to build a knowledge economy and improve people's quality of life, which are objectives highlighted by President Xi Jinping during the 19th National Congress last year.

The Chinese government and Chinese companies' investment into scientific research and development over the past five years has been tremendous.

Meanwhile, we are seeing bright young Chinese people going abroad to study science subjects at top universities, so when they bring their knowledge back to China they can play a great role in building China's scientific revolution.

I believe the global industrial reform trend is now pointing at technology and expertise that facilitate the increasingly fast movement of people, trade, knowledge and information. China is now leading in many of these areas.

One example is China's booming e-commerce sector is transforming the speed of trade beyond imagination.

Another example is the heavy investment China made into countries involved in the Belt and Road Initiative, upgrading infrastructure and logistics and facilitating more efficient and effective trade and investment links across the countries involved in the Belt and Road Initiative.

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