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China has a huge market and is a leading manufacturer, while Israel is one of the leading nations in innovation. In recent years, the two nations have stepped up hi-tech cooperation, mainly focusing on information technology, life sciences and healthcare, cyber security, energy, advanced manufacturing and robotics.

China has identified wind and solar energy as key areas for growth in the nation's energy mix. [Photo by Xu Congjun/For China Daily]

China has achieved the largest tax cut so far through its value-added tax reform, with the total reduction rising by 60 percent in 2017 from a year earlier, according to data released by the State Administration of Taxation.

China has attached great importance to scientific and technological innovation, and is seeing a boom in its sci-fi industry. It will promote Beijing as a central city with global influence in the sci-fi field through the China Science Fiction Conference, which opened in the capital on Sunday, said Bai Xi with the China Association for Science and Technology.

China has been encouraging farmers to leverage cutting-edge technologies to promote sustainable agriculture.