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China's transformation from a poor agrarian economy into one of the top economies in the world is nothing short of a miracle. The country, which started its journey from scratch, is leading through its moral strength and social governance.

China's political structure allows highly efficient decision-making. The country's strong executive power has been fairly demonstrated in various major infrastructure projects. Take a recent example - the way the government promotes ecological development and pursues green growth in China can be a reference case for other countries.

China's state strategic oil reserve base program was launched in 2004 to offset oil supply risks and reduce the impact of fluctuating energy prices worldwide on the domestic market for refined oil.

China's stock of breeding sows rose for the third consecutive month in December, up by 2.2 percent from November, and production of pork feed went up for the fourth consecutive month, by 2 percent month-on-month, the ministry reported.

China's real estate sector may cool down a bit over the rest of the year, helping direct more funds into the real economy and brighten long-term growth prospects, as the top leadership seems more determined to curb property speculation, analysts said.