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China continues to be the world's most favorable market for renewable energy development and investment, according to a new study.

China has eliminated 95 percent of the 2,000 "zombie companies" in its State-owned enterprise system via bankruptcy closures, mergers and reorganization through a three-year program launched at the end of 2016, a senior State asset regulator said on Thursday.

China has always maintained that while enjoying their lawful right to conduct fisheries research and development in the high seas in the Arctic Ocean, all States should fulfill their obligations to conserve the fishery resources and the ecosystem in the region, said the paper.

China has increased the subsidy for recycling e-waste－discarded electrical and electronic devices－by more than 300 percent year-on-year as it phases out the importation of overseas waste, which decreased last year by 12 percent.

China had already taken measures to prevent unwise and illegal overseas investment by State-owned enterprises, especially in real estate, hotels, sports and entertainment businesses. This year, the country may introduce its first regulation on ODI to better oversee the sector and fend off potential cases of irrational investment and money laundering, central government officials have said.