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As the world's largest contract manufacturer, Foxconn acquired Japanese electronics maker Sharp Corp in 2016. Sharp is the only Foxconn subsidiary with experience of chip manufacturing. However, the Japanese company stopped developing semiconductor technology when it ran into financial problems in 2010.

As the Belt and Road Initiative is set to promote huge investment demand in the coming years, the fund will also boost its investment in the infrastructure construction, high-tech and healthcare sectors in economies along the routes, the senior executive added.

As tourism is seen as a barometer of stability and harmony, Zakir said, Xinjiang's tourism performance "shows again that Xinjiang is a good place."

As the one and only world-class financial hub in the area, Hong Kong has an irreplaceable role as the "super connector" between overseas and mainland markets for this mega project. It stands out among the 11 cities across the bay area, as a gateway for overseas investors to the massive mainland market, and a springboard for mainland firms going global, said Dominic Wu Sze-yin, chairman of the Asia Financial Risk Think Tank.

As the international community observes this year's World Population Day on July 11, policymakers across the world, especially in Asia, face a demographic paradox.