The report said China has surpassed the United States to become the largest game market. The revenue from game software reached about billion in China last year.
The report points to three main economic benefits to Africa from Chinese investment and business activity -- job creation and skills development (employing several million Africans); transfer of knowledge and new technology; and financing and development of infrastructure.
The report said favorable visa and exchange rate policies have boosted the surging interest in Central and Eastern Europe. In particular, it gives credit to many newly-opened direct flights to European cities, including the opening of the Shanghai-Budapest flight and the Beijing-Baku flight earlier this year.
The report said that the level of revenue growth is expected to continue not only because of King of Glory, Tencent's game that became a big hit in 2017, but other games that Tencent was authorized to operate, such as Passion Leads Army.
The remarks came after the US administration decided to impose a 25-percent tariff on steel imports and a 10-percent tariff on aluminum, with tariffs on imports from countries including China.
The report concluded, based on a joint survey conducted by global strategy consulting firm Roland Berger, that Chinese companies in the EU currently have a less favorable view on the ease of doing business in the bloc, but are willing to increase investment if the environment gets better.
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The report evaluates and analyzes the status of development, revealing strengths and weaknesses as well as the character of change in each country. It provides basic paths and strategies to enhance competitiveness levels.
The release came one day after a high-level Canadian government team led by Daniel Jean arrived here Tuesday.
The report also forecasts that 5G connections here will reach 428 million by 2025.
The regional GDP has grown to 1.09 trillion yuan (7.8 billion) in 2017 from 753 billion yuan in 2012, with an average growth rate of 9 percent. Despite the economic growth, the unbalanced development between southern and northern Xinjiang remains obvious, Shokrat said.