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China remains capable of attracting global investment this year, as foreign direct investment from nonfinancial sectors in the Chinese mainland grew 4 percent year-on-year to 87.57 billion yuan (.68 billion) in January, data from the Ministry of Commerce showed.

China now plays home to AkzoNobel's biggest single workforce, with 7,600 people accounting for 17 percent of a total of 46,000 employees worldwide. The company also reported revenues of 1.76 billion euros ( billion) last year in China, making the country its second biggest market.

China plans to build a modern railway network with international competitiveness and influence, which will be equipped with innovative high-technology and provide stable and safe services by 2035, according to a newly released blueprint on railway development by China State Railway Group, or China Railway.

China vows to eradicate poverty by 2020. It is said to be the first special inspection on poverty relief launched by the CPC Central Committee.

China said earlier that it was considering a pre-commercial launch of 5G this year, followed by large-scale commercialization in 2020. Miao Wei, minister of industry and information technology, had confirmed at the Boao Forum for Asia, that China will grant 5G licenses this year, but didn't disclose a specific date.