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China faces some headwinds for growth next year, such as downward pressure from an easing real estate sector, shifting of the policy focus to quality of growth, financial regulatory tightening and fallout from China-US trade disputes, said Chen Xingdong, chief economist at BNP Paribas China.

China has been developing its commodity derivatives market and plans to gradually open it up to foreign investors. Earlier in April, the country launched white sugar options, the second commodity options after soybean meal.

China has contributed over 30 percent of world economic growth, which has driven and anchored global growth in recent years.

China has helped African nations when their grain harvests have been affected by drought, but what the research center is doing represents a change to this aid strategy, Wang said.

China has become a country that protects intellectual property, and has made good progress and breakthroughs in the field of intellectual property protection.