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Another Chinese company, China National Petroleum, grabbed the fourth spot with revenue of 2.98 billion in 2018, followed by State Grid with 7.06 billion.

Another factory worker Zahura said that apart from her decent salary, she is also given performance bonuses.

Apart from having supply chains that are reliable and relatively less vulnerable to disruptions, China enjoys the advantages of economies of scale and competitive labor costs, which make supply chains in China scalable, extendable and cost effective, said Wang Shouwen, vice-minister of commerce.

Another key is to study and grasp Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and make it the guide in practice and work, the statement said.

Announced by Chinese President Xi Jinping in 2013, the 'Belt and Road Initiative' aims to build a trans Euro-Asia economic belt stretching from China to the Horn of Africa. Since the trade network was announced significant strides have been made to connect trade opportunities including a freight train from London to Yiwu, China, and an electric railway connecting Ethiopia and Djibouti. More is planned, not only boosting trade, but bringing much-needed ICT and sustainable technologies, which could contribute to capacity building in the most vulnerable countries.