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China is committed to the goal of cutting 150 million metric tons of coal production capacity and will deepen supply-side reform with a focus on "zombie enterprise" withdrawal in 2018, according to the National Energy Administration.

China is moving full speed ahead to establish a green financing mechanism to support the economy's transition to sustainable growth, putting its full weight behind green financing. As environmental protection is a key national strategic objective for China, green finance is an essential element of achieving this goal.

China is putting great emphasis on the development of its own autonomous vehicles industry, with the government setting up industry standards, according to Zhou Wei, chief engineer with the Ministry of Transport.

China is still 10 to 15 years away from reaching tech parity with the United States, the report said.

China is becoming an increasingly important overseas market for the United Kingdom's serviced apartment sector, with some of the operators seeing bookings from Chinese guests surging as much as 50 percent during the last 12 months, according to a trade body.