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China will continue to promote the process of yuan internationalisation, expecting cross-border yuan payments to account for over a third of all cross-border payments by 2020, the sources said.

China will also push forward standardized regulation and steady operation of the financial market, taking measures including promoting the setup of a bond standards committee, advancing healthy development of the asset securitization market, and improving the multi-layered equity market.

China posed strong growth in exports of photovoltaic (PV) products in the first 10 months of this year, up 32.3 percent year-on-year.

China spends about 200 million yuan ( million) each year on research into emergency treatment of oil spills but the technology has not been widely used due to a lack of proper testing field.

China is well on track to achieve its carbon emission targets set for the 13th Five-Year Plan (2016-20), according to Li Gao, an official from the climate change department of the commission.