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China-UK cooperation on green finance is guaranteed strong support from all these effective mechanisms and will in turn reinforce these institutional pillars.

China, the world's second-largest economy, attracted a large number of technology talents and employed 19 percent of the world's high-growth technology workers. The US employs 35 percent and Britain employs 5 percent. Japan, France and Indonesia followed.

China's producer price index, which measures costs of goods at the factory gate, has stayed in positive territory since September last year, when it ended a four-year streak of declines, partly due to the government's successful campaign to cut industrial overcapacity.

China's savings rate, although high, has been declining of late, after reaching a peak of 52.3 percent in 2008.

China's vital position in global supply and industrial chains will not be altered by the impact of the novel coronavirus epidemic, commerce officials said.