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China must come up with a national strategy to deal with the changes in industrial, supply and value chains and look to capitalize on the development opportunities arising from the new round of technology revolution and industrial transformation, said a new report submitted to the Standing Committee of the National People's Congress on the preparations for the 14th Five-Year Plan (2021-25).

China launched its Fengyun 2H satellite, the last in the Fengyun 2 series, on June 5, greatly improving weather forecasting accuracy and enhancing its capability to provide better meteorological services to countries participating in the Belt and Road Initiative, including SCO countries.

China overtook the United States as the world's largest electric car market in 2015 and has held the title since then. "The idea of Europe surpassing China this year makes me sad," Zeng said.

China plans to abolish the requirement that domestic insurance companies have to own at least 75 percent stake in insurance asset management joint ventures, the country's top insurance regulator said on Saturday.

China needs to realize the irreplaceable function of helicopters, said Wu Ximing, deputy director of the science and technology committee at the Aviation Industry Corporation of China and chief designer of Avicopter Co Ltd.