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China consistently respects WTO rules and will seriously evaluate the panel report and properly handle the case following WTO dispute settlement procedure, safeguard the stability of the multilateral trade mechanism and continue to push ahead with its agricultural development in lines with WTO rules, the official said.

China has been improving the preferential policies for religious circles, according to the article. For instance, China developed a clear electricity pricing policy, which stipulates that venues for religious activities enjoy the same price as residential users to reduce their financial burdens. Other measures include tax exemptions for religious groups and venues for religious activities.

China has now begun the steps required to join, including amending its laws. For example, a draft amendment of the Patent Law extends industrial design patent protection to 15 years from 10 years.

China has become one of Siemens' largest research and development locations worldwide. The company now enjoys cooperation with a number of local governments and 87 universities and technology institutes in China, with an aim to conduct scientific research and develop talent.

China has also achieved progress in economic restructuring, as contribution of investment to growth has declined while that of consumption rises, the bank said.