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China has built 1,290 innovation and entrepreneurial platforms in poor areas and sent 289,800 sci-tech experts to rural areas since the 18th CPC National Congress in 2012, Xu Nanping, Vice Minister of Science and Technology, told a press conference.

China has been encouraging the use of the internet to promote trade and investment as part of its efforts to offset the impact of COVID-19. Among the measures, the country has held various online exhibitions and rolled out policies to support cross-border e-commerce.

China has over 3,500 listed firms, with their total market value exceeding 55 trillion yuan.

China has already set a goal of 30 percent green buildings for new construction in 2020. Johnson Controls' Shanghai complex will help the company to expand and coordinate its business within the Asia-Pacific region as well as develop new markets and segments.

China has leapfrogged to become the world's largest steel producer. In 2017, China produced 832 million tons of steel, followed by 169 million tons in the European Union, 105 million tons in Japan, 101 million tons in India and 82 million tons in the US, according to the World Steel Association. Back in 1980, when the US produced 101 million tons of crude steel, China's output was 37 million tons.