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China's debt to GDP ratio grew at a slower pace in 2016 compared with the previous year, a government think tank report showed on Tuesday.

China's grid operators vow to further increase their utilization of renewable energy through greater cross-regional trade of new-energy electricity and technological innovation, after making major strides in clean power last year.

China's largest tech corporations join a plethora of major names that are buying into the smart factory unit of Foxconn Technology Group, Apple Inc's most important assembler.

China's clean energy drive will continue to grow for the foreseeable future, as the nation aggressively reduces its over-reliance on coal-power, said Joseph Jacobelli, a senior analyst of Asian utilities and infrastructure at Bloomberg Intelligence in Hong Kong. Solar power generation will also continue to steadily increase and take a larger share of electricity production, he said.

China's first free trade zone was set up in Shanghai in 2013. Then the country added four more batches of FTZs, including the coastal provinces of Fujian and Guangdong and the inland provinces of Shaanxi and Sichuan.