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China has made marked progress in promoting the development of eco-cities by making major urban areas greener and more efficient in energy consumption, but the country still needs to ratchet up its efforts in making the development more balanced, according to a report.

China has decided to promote the development of the home services sector, which business insiders said will boost domestic consumption and attract more investment and professionals to help existing providers improve their services.

China has been stepping up financial and fiscal support for the country's small companies this year, with targeted reserve requirement ratio cuts as well as tax and fee reduction to boost vitality of the small market players.

China at this time has about 1,000 companies whose annual revenue has surpassed 10 billion yuan, data from the China Enterprise Confederation showed. As the Chinese economy is transforming from rapid growth to high-quality development, more "10 billion yuan" level enterprises are needed to lead in industrial progress, Yao added.

China has continuously strengthened administrative enforcement in e-commerce to effectively crack down on IPR infringement. Local intellectual property management departments have cooperated with e-commerce platforms to establish three handling modes for online patent infringement complaints, effectively integrating the case handling resources and handling capacity of local IPR offices, IPR protection and e-commerce platforms.