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"Chinese tourists will be able pay for various hospitality services using Alipay and WeChat Pay," he said, noting that East African traders will be able to purchase goods from China using the Chinese mobile payments.

"China's private businesses continued to take on sound development momentum in 2017," ACFIC Vice-Chairman Huang Rong said, adding that they have steadily optimized their industrial structure with greater contributions to society.

"Consumption now remains the main driver of economic growth," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "Due to rising Sino-US trade disputes, we are facing many external uncertainties. Therefore, we need to focus on boosting domestic demand. Considering the current levels of per capita rural and urban incomes and the proportion of consumption to the total GDP, there is a lot of room for consumption growth."

"Currently, we are preparing to apply for more airworthiness certifications from the US and Europe, as well as in other nations and regions. Meantime, we will also apply for approvals of the world's major aircraft makers for original installation in aircraft of Airbus, Boeing and COMAC (Commercial Aircraft Corporation of China)," said Sheng.

"Compared with some emerging market economies suffering from fluctuations last year, China's steady economic growth and the relatively stable yuan boosted foreign investors' confidence in the country's mid- and long-term growth prospects, prompting the rebound in direct investment," said Zhang Zhiwei, chief China economist and head of China equity strategy at Deutsche Bank.