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China has always attached great importance to the speed of economic growth in the past decades. In the absence of the economic growth target, many other important economic indicators are difficult to determine and various policies are difficult to coordinate.

China has also pledged to enhance intellectual property protection, a voluntary step taken in accordance with its commitment to the World Trade Organization and aimed at improving the market economy, said Yang Changyong, a senior researcher from the Chinese Academy of Macroeconomic Research.

China has carried out fishing bans for many years to preserve fish resources in major oceans, said Lin Shanqing, deputy director of State Oceanic Administration.

China denounced the United States' latest threat to impose tariffs on an extra 0 billion worth of Chinese imports as "totally unacceptable" trade hegemony and bullying, and vowed on Wednesday to fight back to protect its "core interests".

China has already moved through phases like educating many young scientists and researchers, and translating their academic skills into product development and solution skills, said Zhang.