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China is investing heavily in North American shale gas in order to commercially extract methanol for use as an environmentally sustainable motor fuel, a leading executive behind the multibillion-dollar project said.

China imported more than 53 million tons of LNG last year, reaching a new historic high by accounting for 60 percent of the total natural gas imports, Zhang Jianhua, head of the National Energy Administration told Jiemian.com in a recent interview.

China has protested each of the US actions. On Feb 4, China's Ministry of Commerce launched an anti-dumping and anti-subsidy probe into imports of sorghum from the US, a move seen by many as China's indication of its willingness to retaliate.

China is opposed to any unilateral actions that complicate the situation in Kashmir, and calls on both India and Pakistan to resolve the relevant disputes through peaceful means, State Councilor and Foreign Minister Wang Yi said on Monday.In a meeting with visiting Indian Foreign Minister Subrahmanyam Jaishankar, Wang said the Indian Government's announcement of the establishment of the Ladakh Union Territory, which involves Chinese territory, has challenged the country's rights and interest in sovereignty.The practice is neither valid to China nor will change the status quo that China exercises the sovereignty and effective administrative jurisdiction over the relevant territory, Wang said.

China is seeking innovation and entrepreneurial talent in Europe to help take its economy to a new level.