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China will devote more resources to producing high-value and influential brands and patents, and participating in the global governance of intellectual property to help it become more inclusive, balanced and efficient, he said.

China will ramp up resources to build a globally competitive robotics industry by attaching high importance to tackling core technological bottlenecks, an official from the country's top industry regulator said.

China's 2016 GDP of .2 trillion accounted for 14.8 percent of the world economy, up 3.4 percentage points from 2012.

China's booming car-sharing sector has great potential, with demand unlikely to be fully met by current industry players in the short term, according to consultancy firm Roland Berger.

China's air-conditioner manufacturing giant Gree Electric Appliances Inc saw a 5.35 percent surge to 60.8 yuan (.64) per share after its stock trading resumed on Tuesday following the company's ownership shake-up.