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China's real estate market as well as its developers have developed rapidly in the last 20 years, she said. Despite recent market turbulence due to curbs-induced slowdown, New World China Land is eyeing the potential for growth in economic engines that are the Greater Bay Area and the Yangtze River region.

China's three Internet courts, located in Hangzhou, Beijing and Guangzhou, mainly handle civil and administrative cases related to the Internet, such as contract disputes involving online shopping, service and small loans, copyright and infringement lawsuits, domain name disputes, and some administrative lawsuits.

China's ranking on the Global Innovation Index released by the World Intellectual Property Organization jumped from 29th in 2015 to 14th in 2020, he said. The number of full-time R&D personnel in the nation grew from 3.76 million in 2015 to 4.8 million last year.

China's principle and policy toward Taiwan has been consistent, adhering to the one-China principle and the 1992 Consensus, Premier Li Keqiang said on Thursday.

China's tech giant Tencent is expected to sell four tranches of bonds worth billion on Jan 19, according to the company's announcement last Friday.