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China has been the world's largest new energy vehicle market since 2015. In the first 10 months of this year, 860,000 such vehicles were sold, and the China Association of Automobile Manufacturers expects sales to hit a million in 2018.

China has become the world's largest crude and gas importer, importing 440 million tons of crude oil and 125.4 billion cubic meters of gas in 2018, up 11 percent and 31.7 percent year-on-year. The foreign oil and gas dependence ratio reached 69.8 percent and 45.3 percent, according to China National Petroleum Corp's Economics and Technology Research Institute.

China has been the world's largest market for such vehicles since it overtook the United States in 2015. It is also home to the world's largest new energy vehicle maker BYD and the largest power battery producer CATL, which is a supplier for international carmakers including BMW and Volkswagen.

China continued to be the main market driver for 5G smartphones globally, despite the COVID-19 pandemic, said a new report from market research company Strategy Analytics.

China has a leading role in the global transformation towards new development models, characterized by technological innovation and based on intangible and digital assets, Klaus Schwab, founder and executive chairman of the World Economic Forum, said in a speech at Nankai University in Tianjin on Tuesday.