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China's factory activity remained robust in February after the Caixin/Markit Manufacturing Purchasing Managers' Index rose to 49.9 from 48.3 in January, a three-month high indicating an easing of the downside growth pressures.

China's commitment to increase the installed capacity of wind and solar power to more than 1,200 gigawatts by 2030 and boost the share of non-fossil fuels in primary energy consumption to around 25 percent by the same period is testimony to its firm resolve for green development, said experts.

China's oil and gas sector is dominated by three state-owned heavyweights: China National Petroleum Corp (CNPC), China Petrochemical Corp (Sinopec) and China National Offshore Oil Corp.

China's economy expanded 6.9 percent last year, picking up for the first time in seven years and well above the government's annual target of around 6.5 percent.

China's grain output grew at an average annual rate of 2.6 percent from 1949 to reach 658 billion kg in 2018, managing to feed around 20 percent of the world's population with only less than 9 percent of the world's arable land, according to the report.