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Another challenge for companies using data is that they tend to simply collect data but do not use it to predict something that they don't even know, she added.

Another joint effort of both governments is the publication of the China-UK Strategic Plan for Financial Services. This document points the way forward for enhancing our cooperation on financial supervision.

Apart from managing the livestock farm in Koryukovka and fields of corn, oats and lupine in Naumovka, Fanda rents a forest of 2,700 hectares, where it plans to raise wild animals, such as deer and hunting birds.

Apart from the excitement of historical events, the residents benefited mostly from employment creation during the construction and operations phase while also getting a chance to develop skills from Chinese experts working on the project.

Another reason for the foreign investment growth is the acceleration of the reform and opening-up of the Chinese financial market. Pang Ming said, with the advancement of the country's reform and opening-up, further refinement in the financial market system, and better connections with international financial market rules, overseas investors have increasingly recognized the rising degree of openness in the Chinese capital market.