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China's GDP grew 6.9 percent last year, up from 6.7 percent in 2016, the National Bureau of Statistics said.

China's PC penetration rate is currently only about 20 percent, while in developed countries the number is generally around 70 percent. In the United States the number stands as high as 90 percent, according to a Chinese Academy of Social Sciences report.

China will foster new growth drivers in areas of development for regional integration, 5G and digital technologies in its State-owned enterprises during the 14th Five-Year Plan (2021-25) to create a new pattern of high-quality development, said government and SOE officials.

China's automotive market is likely to remain the primary source of growth for the global industry in the foreseeable future, with self-driving cars gaining more market share, research indicates.

China's central bank injected further liquidity into the financial sector on Monday, a measure to ease investors' concerns about economic downside risks in the fourth quarter due to uncertainties arising from escalating Sino-US trade tensions, and to boost investment.