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China will also make greater efforts to step up international cooperation in IPR protection, facilitate communication between domestic and foreign rights holders and provide support in overseas IPR disputes.

China should take multiple measures to enhance the enforcement of laws and regulations in the securities sector to maintain a healthy and stable capital market environment, according to a Saturday meeting of the Financial Stability and Development Committee of the State Council.

China will come up with its own smart car standards, traffic rules, laws and regulations relating to safety, according to the China Industry Innovation Alliance for the Intelligent and Connected Vehicles.

China passed the United States last year as the world's biggest electric car market. Last year, China sold 507,000 NEVs, an increase of 53 percent year on year. Sales of pure electric vehicles surged 65.1 percent year on year to 409,000, accounting for 80 percent of new energy vehicle sales.

China may found a high-end advisory committee of world-leading manufacturing entrepreneurs for the country's manufacturing industry development.