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Noting that bilateral relations are at their historical best and stepping into new development stage, Xi urged both sides to concentrate on the building of China-Laos community of shared future and promote its transformation from concept to action, from vision to reality.

OCBC Bank, Singapore's longest established local bank, has also inked a deal with the Bank of Shanghai to share their resources in financing Belt and Road projects.

November 11 is known in China as Singles' Day because the date, 11-11, resembles four "bare sticks," a term used in China to refer to single people.

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Of about 9,600 interviewees who said they knew about their countries' relations with China, more than 70 percent agreed that the relations are very important.

Nowadays, the development of the digital economy, including all internet-based services, e-commerce, e-business and telecommunications, plays an important role in tackling inclusiveness challenges. China has made tremendous achievements in developing the digital economy and still has huge potential in this respect, as well as successful experiences from which other developing countries can learn.

Oceanwide has expanded from a locally based developer in China into a conglomerate with investments in banking, insurance and technology. In the US, Oceanwide has been an active participant in real estate deals in California, Hawaii and New York.

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Now, MBEC wants to expand into more markets, especially countries and regions related to the Belt and Road Initiative.

Nowadays, with detailed displays of products in the form of videos and pictures as well as practical demonstrations by livestreaming, no one bats an eyelid at ordering a small excavator remotely from online emporiums. The shopping experience is almost identical to buying daily necessities on the internet, as the sellers provide consumers with hassle-free services including door-to-door delivery and after-sale maintenance.

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Now, it is the international community's turn to respond positively to the DPRK's new choice and efforts, he said. "We must assure Chairman Kim that he has made the right decision in committing to denuclearization. We must encourage North Korea to stay on the path that leads to permanent and solid peace."

Now, the focus is shifting. Academics and policymakers are discussing issues ranging from the technical features of a digital currency's design to concerns over the political economy.