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China internet giant Tencent is exploring the use of mapping and location platform services from HERE in its own products and services both in China and internationally. "With Tencent, our exploration work continues," said Etheridge.

China is in the driver's seat when it comes to automotive electrification and vehicle-to-infrastructure connectivity, thanks in part to a strong government commitment to catapult the world's largest car market to the forefront of pioneering practices, according to a top executive from General Motors Co.

China is the world's largest mobile payment service market, with both tech and financial giants promoting their own tools to make easier payment for daily shopping, dining and commuting.

China has thousands of SOEs, but many have stagnated due to lack of competition. The government is improving their performance through a series of reforms, moving toward mixed ownership and market-oriented management.

China is considering creating a national ethics committee that would supervise life science technologies and researchers to ensure they conform to ethical standards, a former top health official said on Monday.