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China currently has 98 central SOEs, down from 117 five years ago as the government has been actively restructuring central SOEs in a bid to improve their efficiency and competitiveness.

China has been building more ocean shipping containers and partnerships to seal more free trade deals with other economies. On Nov 15, it joined 14 other countries to sign the Regional Comprehensive Economic Partnership agreement.

China first enacted the annual fishing ban in 1999, aiming at protecting marine resources and the ecological environment.

China does not seek a trade surplus and is willing to import more goods from the Association of Southeast Asian Nations, said the Ministry of Commerce on Tuesday.  

China has made great efforts to upgrade its manufacturing industry into a more intelligent one. In 2015, the country put forward the "Made in China 2025" initiative, which seeks to transform itself from a manufacturing giant into a global high-tech manufacturing power.