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Analysts also pointed out enormous potential for the two countries to cooperate on other areas, such as the Belt and Road Initiative, and expect a closer China-Germany partnership to improve inclusive growth and global economic governance.

An undated photo shows an elderly woman dining at a nursing home in Hangzhou, East China's Zhejiang province. [Photo by Sun Yidou/Provided to China Daily]

And Shandong officials aren't just targeting their own province. To promote Confucianism worldwide, provincial officials are working with the Nishan Forum on World Civilizations, World Confucian Conference and Nishan Book House, according to Wen Shanchang, head of the foreign liaison division of the Shandong Provincial Department of Culture. Nishan Book House, launched by Shandong Friendship Publishing House in 2012, is devoted to providing quality Chinese books to foreign readers and accelerating the appreciation of outstanding Chinese culture around the world. According to Wen, the overseas book houses are established in the Confucius Institutes and public libraries, as well as the schools and libraries organized by the ethnic Chinese in more than 20 foreign countries, including Russia, Austria, New Zealand, the United States, Italy, Argentina, the United Kingdom, Germany and South Korea.

And for those who are curious, here are the biggest companies in Washington state in terms of the Fortune 500.

Analysts at Bank of America believe global oil demand will fall by 12 million barrels a day in the second quarter ?– the sharpest decline on record.