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China is now the UK's single biggest export partner by volume, making up 20 percent of exports valued at 80 million pounds (2 million) a year, according to the National Pig Association in the UK.
China is on its way to becoming the largest innovation economy in the world, Forbes.com reported on Sept 19, noting China's transition from rural poverty to export powerhouse to consumer goliath may be "the most consequential economic event in centuries".
China in recent years has increased both investment and supportive policies to strengthen its basic research ability and drive for innovation.
China has the largest number of R&D professionals in the world for five consecutive years. The total number was 6.214 million in 2017. In terms of R&D spending, China accounts for more than one sixth of the world's total. In 2017, we spent an equivalent of 8.9 billion, ranking the second in the world.
China is expected to have about 150 million 5G mobile subscribers by the end of this year, as the nation scrambles to accelerate construction of new infrastructure, including 5G base stations, said Liu Duo, another NPC deputy and head of the China Academy of Information and Communications Technology, on May 25.