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China is now at the forefront of research and development when it comes to 5G technology.

China is highly supportive of small modular reactors, and the company's Linglong One is the first reactor of its kind in the world to have passed the safety review by the IAEA, a remarkable breakthrough in global small multipurpose modular reactor development.

China is the world's largest outbound tourism market, with some 150 million overseas trips made last year, up 14.7 percent compared with 2017, according to the China Tourism Academy. But the market is maturing as more tourists seek independent travel to explore local experiences, said Zhang Yang, a researcher with the academy.

China has reiterated the principle that "houses are for living in, not speculation." However, while curbing housing speculation, China will also implement city-specific policies in the sector, according to this year's government work report.

China has strengthened financial regulation and broadened its regulatory oversight to include products not counted on the balance sheets of financial institutions, such as the so-called wealth management products, to forestall financial risks. Such an adjustment is based on normal regulatory and accounting requirements and will not have a major bearing on overall financial figures, he said.