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China released its new infrastructure construction plan in March, including EV charging piles, making it a key sector for national infrastructure construction, which is believed to further drive the market and create an investment and construction scale of 18.76 billion yuan (.74 billion) by 2025, said iResearch.

China ranked 12th last year in the World Bank's logistics performance index covering 160 countries and regions. China's position has moved up 15 places since 2016.

China was home to 650 million kilowatts of renewable energy installations at the end of 2017, equal to 36.6 percent of the country's total installed electricity capacity, increasing 14 percent year-on-year, according to the report.

China plans to send 18 Beidou-3 satellites into space in 2018. The system is expected to provide navigation and positioning services to countries along the Belt and Road by late 2018. By around 2020, when the Beidou system goes global, it will have more than 30 satellites.

China needs to give full play to the advantages of its ultra-large domestic market and work toward a new model of development in which the domestic economic network takes the primary role, with the domestic and international economic networks complementing each other, President Xi Jinping told senior business executives from domestic and foreign companies at a symposium on Tuesday.