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"Constructing high-speed railways, especially in complicated geological environments, demands the highest quality of steel rails," Liang said.

"Chinese-Peruvian pragmatic cooperation offers a very promising outlook," Jia added.

"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."

"Chinese culture is different to that in the rest of the world, especially the European Union. In China, people work harder and are more willing to experiment by trial and error, while Europeans work in a more structured way. By the time people in the EU have come up with a structured plan, the Chinese have already developed a solution," he said.

"Chinese companies, primarily State-owned enterprises, are keen to cooperate with foreign companies to work in 'third party' markets anywhere related to the initiative," said Zhang Yansheng, chief economist at the China Center for International Economic Exchanges.