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China is likely to set the slowest money growth target in history, at around 9 percent, next year after top policymakers pledged to control the "master valve" of total money supply, which is recognized as the origin of the surging debt burden and the trigger of asset bubbles.

China is investing great efforts in scientific and technological innovation as well as the development of the digital economy. In his meeting with Brazilian President Jair Messias Bolsonaro in Beijing in October, President Xi Jinping said the two countries should enhance their cooperation in these fields.

China hopes that the United States will take concrete actions in easing the export control and effectively loosen the restrictions on products exported to civilian users for civil purposes, which will also help reduce the US trade deficit, the report added.

China has vowed to further strengthen its oil and gas pipeline network during the next decade, with natural gas pipelines reaching 123,000 kilometers by 2025, to further boost the share of gas in the country's energy mix, according to the National Development and Reform Commission.

China has seen continuous improvement in its natural environment, with fewer areas plagued by pollution and other degradation. Even so, dramatic harm has been done in some areas because of mining, development and the expansion of urban and farming areas, according to a report on changes in the nation's ecological status.