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China has signed deals related to the Belt and Road Initiative with more than 80 countries and organizations.

China is planning to build a system to recycle new energy car batteries, with carmakers set to play a major role, in an effort to boost the development of the fast-growing segment.

China is still likely to report weak economic indicators in the first quarter of 2019 as the transmission of policies into real economy takes time and the effects of supportive policies are likely to be felt after the first quarter, said Mariscal.

China is a large sugar-producing country with more than 14 million tons of annual output, involving around 40 million sugar farmers, especially in sugar-producing regions including the Guangxi Zhuang and Xinjiang Uygur autonomous regions, as well as Yunnan, Guangdong and Hainan provinces.

China has proposed a "dual-track approach" to denuclearize the Peninsula and establish a peace mechanism as well as "suspension for suspension", which would defuse the looming crisis there.