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"China expects this year's meetings to focus on East Asia cooperation, jointly safeguarding multilateralism, maintaining free trade and international rules, and promoting regional economic integration."

"China is getting a foothold in Latin America. It is using economic statecraft to pull the continent into its orbit," he said in a Feb 1 speech.

"China has not approved new nuclear power sites for two consecutive years, since Guangdong's Huizhou and Fujian's Zhangzhou in 2019. Nuclear power will help decarbonize China's power and heating sector, replace some of the existing coal powered-consumption and meet increasing energy demand, which is embedded in China's economic shift to services-led industries," said Wei.

"China is our fastest growing market year-on-year," Brand said during a London reception marking ACCA's 30th anniversary in the Chinese mainland.

"China is of strategic importance to Standard Chartered. We are honored to be the first international bank to be granted this license," said Bill Winters, group chief executive of Standard Chartered."China is already being recognized as a major financial market. We are excited to be part of this process as we work closely to support our clients in their custody needs."