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"Economic cooperation is a win-win choice for us and should be the bedrock of our relations," said Tan Qingsheng, charge d'affaires at the Chinese embassy in the Philippines.

"During the Spring Festival in 2018, housing prices in first and second-tier cities suddenly increased, triggering price rises in lower-tier ones too," said Zhang. "Back then, buying properties in one's lower-tier hometown became a trend."

"Europe will be one of our focus markets this year. We are looking to gain a lead in the European market by unveiling a new product toward the end of this year."

"Despite the fact that we actually want to help those in developing countries, certain people would be suspicious and question the purpose behind the investment. So it's imperative we make sure that all parties can participate in the BRI," he said.

"Despite trade tensions with the United States, China hopes to send the message that the nation will stick to efforts to facilitate globalization," said Xia Qing, an official with the National Development and Reform Commission, on Wednesday.