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An internal message from Wu Zhixiang shows that Tongcheng Network's online business has seen rapid growth, with net profit of over 500 million yuan in 2017, while Tongcheng Travel Agency Group, Tongcheng Financial and other sectors have achieved their 2017 targets and are expected to become profitable in 2018.

An analyst said China is a world leader in terms of hydroelectricity exploitation and Pakistan is rich in hydropower resources.

An even bigger concern is that a vulnerable semiconductor industry could stymie the thriving technology sector, given that a proportion of applications are based on foreign technological infrastructure, he said.

An effective way for Chinese companies to prevent potential risks and lower operational costs is to seek enhanced cooperation with local partners, Liu said. "The collaboration can be conducive to fueling local economic development and improving the livelihood of local people."

An enterprise exchange meeting will also be held in the evening of July 2 for business representatives from State-owned companies, foreign enterprises, local companies and private companies to communicate for business cooperation, Jin added.