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China broke into the list of the world's top 20 most-innovative economies in July, taking the 17th place on the World Intellectual Property Organization's (WIPO) Global Innovation Index. This is a substantial improvement over China's results in 2013, when it took the 35th spot in the rankings.

China has established a system to handle appeals and petitions from the public, including citizens seeking government redress in cases ranging from illegal land acquisition, social security, education, to healthcare and environmental protection.

China has accelerated local government bond issuance and expanded the new bond quota in recent years to finance infrastructure construction and shore up the economy.

China asked the Australian government on Wednesday to take concrete measures to correct its discriminatory actions against Chinese companies, after Australia announced its plan to seek World Trade Organization intervention over China's barley imports.

China continues to be the world's most favorable market for renewable energy development and investment, according to a new study.