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China is currently the second-largest LNG buyer worldwide after Japan, replacing South Korea, while the country's demand for natural gas continues to rise sharply.

China is expected to record growth pace of 6.6 percent in 2018, higher than the previous estimate, according to the IMF.

China has set up a transfer payment mechanism to channel funds from the central government to provincial local governments or to shift funds between regional authorities in order to balance revenues (mostly from tax incomes) and fiscal obligations in different areas.

China hopes next week's conference between Beijing and Brussels will help make bilateral relations more productive and substantive by seizing opportunities and addressing challenges, according to the top Chinese diplomat to the European Union.

China is highly supportive of small modular reactors, and the company's Linglong One is the first reactor of its kind in the world to have passed the safety review by the IAEA, a remarkable breakthrough in global small multipurpose modular reactor development.