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"Currently, the world is experiencing an unprecedented period of opportunity driven by technological development, which can rebuild global financial infrastructures and connections," he said.

"Contrary to what was alleged in the US President's Executive Order, these agreements are not US' preferential treatment for Hong Kong. They are bilateral agreements negotiated in good faith to benefit the peoples and businesses of both sides in areas of law and order, shipping and tax treatment. The US' unilateral decision reflects its disrespect for bilateralism and multilateralism under the current administration and should be condemned by the international community," a spokesman for the HKSAR government was quoted as saying in a press release.

"Consumers go to our physical store. They also purchase through mobile phones and other digital devices. About 90 percent of Chinese consumers touch digital points before they visit physical stores," said Rorsted.

"China will offer policy and financial support to food trade and infrastructure construction, aiming at encouraging Chinese grain enterprises to cooperate with BRI countries," said Zhang Wufeng, head of the State Grain and Reserves Administration, at a recent international food cooperation forum in Lanzhou in Northwest China's Gansu province.

"China-Nigeria relations are now at their best in history," he said, noting that the BRI would elevate the strategic partnership between the two countries to a new level.