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China is making the single biggest contribution to retiring coal with a phenomenal reduction of coal in the energy mix. This is a result of very deliberate government policies, he said.

China has the capability, confidence and determination to continuously promote steady, healthy and sustainable economic development despite disruptions from the COVID-19 outbreak, the nation's top economic regulator said on Friday.

China has set up 75 overseas economic and trade cooperation zones, with an investment exceeding billion and created jobs for more than 200,000 local people, said Meng Wei, spokesperson of the National Development and Reform Commission, during a press conference in Beijing on Wednesday. In addition, China's Silk Road Fund has inked 19 projects with committed investment of billion.

China is one of the most attractive destinations for foreign investment, and foreign direct investment hit 5 billion last year, he noted.

China has rolled out a set of national standards for testing smart autonomous cars on roads, which is expected to facilitate companies' testing in different regions and thus speed up the technology's development in the country.