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China is willing to offer any help for the search and the Chinese teams will work closely with Thai rescue authorities, Lyu said during a press conference on Saturday after a meeting with Thai authorities.

China scored 81 in the first Regulatory Indicators for Sustainable Energy (RISE), a policy scorecard covering energy access, energy efficiency and renewable energy in 111 countries. Denmark took the top spot with a score of 94, while Canada and the United States took second and third places, respectively.

China signed 12 cooperation agreements under the framework of the initiative with other countries including Singapore, Montenegro and Kyrgyzstan, as well as with international organizations such as the World Economic Forum and agencies within the United Nations.

China needs a super regulator for its present transition. And for its future development, it needs perhaps an even larger regulatory system, headed by an effective, forward-looking larger regulator. The new banking and insurance regulatory commission is expected to play this role.

China represented the biggest growth opportunity with 45,000 tons being exported to China alone, a 52 percent increase.