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China is expected to have a population of 487 million aged 60 or above by around 2050.

China is pursuing the realization of the two centenary goals, he said, adding that all the people who have witnessed China's development in one generation will have no doubt that China will fulfill its dream.

China is the second-largest nut producer worldwide, accounting for 10 percent of the world's total production. It's the largest producer of walnuts, one of four major types of nuts along with almonds, hazelnuts and cashews. China's walnut output makes up about half of the global total, according to Chinese Academy of Forestry.

China is fast emerging as brand leader in a wide variety of sectors and many of the leading domestic companies are gaining global recognition for quality, according to a new report from Brand Finance, a London-based brand valuation consultancy.

China is expected to become the largest energy storage market on a cumulative basis by 2023, surpassing the United States and leading the global market through to 2040, thanks to rising market demands and policy support, said a new report.