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"Currently, Africa's economy is based on agriculture and mining, while the manufacturing industry's share in GDP is declining. African countries have generally recognized the importance of economic restructuring, but steering the economy away from agriculture toward industry is easier said than done," Lin wrote in China Financial and Economic News in 2016.

"Commercial banks have a major responsibility to develop green finance to support the transformation and upgrading of China's economic structure," said Zeng Gang, director of banking research at the Chinese Academy of Social Sciences' Institute of Finance and Banking.

"China's proposals maximize interests and address concerns of all parties in a balanced approach, … and it should further play a constructive role in resuming dialogues and denuclearizing the peninsula," Yu said.

"China's evolving business environment and opening-up has contributed to Danone's steady growth in the country," he said, adding that the company believes that China's ongoing consumption upgrade and booming e-commerce business will benefit not just domestic sales, but also other parts of the world.

"Chongli has turned itself into one of the best skiing destinations nationwide. With high-speed rail greatly improving transport connectivity between Chongli and the capital, its development will no doubt move up a giant notch," he said.