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China has stepped into a new economic era dominated by the industrial informatization, so data information and the industrial chain thinking method are of paramount importance, said Chai Yuan, vice-president of JingData, in Beijing on Tuesday.

China is the biggest economic comeback story in history due to the opening-up policy 40 years ago. It is one of the largest recipients of foreign direct investment and the top trading partner for over 120 countries and regions. It is an essential member of the global economic community.

China has stepped up support for strategic emerging industries including tax cuts and financial aid in an effort to speed up industrial upgrades.

China is capable of achieving a growth target of around 6.5 percent this year and domestic consumption will be a key growth driver, He Lifeng, minister of the National Development and Reform Commission, said Tuesday.He said the government will roll out more policies to boost investment, including greater support for private investment. He estimated investment will contribute about one-third to overall economic growth this year.Domestic consumption will be a strong growth driver and could contribute around 60 percent to the growth, along with the development of emerging industries and modern service sector, He told reporters at a news conference on the sidelines of the ongoing annual session of the National People's Congress, China's top legislature.The minister also expected China's foreign trade to maintain stable growth this year, as it is expected to contribute 8 to 9 percent to the country's overall economic growth.

China has reduced the numbers who rely on solid fuels to about 416 million in 2016, down from 996 million in 1990.