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China has been the world's second-largest producer of academic papers since 2009, trailing only the United States, according to the Science Citation Index, a database that covers most of the world's leading science and technology journals.

China has approved batches of lists of national-level intangible cultural heritage with 1,372 items and provincial-level with 15,777 items. A total of 3,068 state-level and 16,432 provincial-level inheritors of intangible cultural heritage have been accredited.

China does not seek a trade surplus, Xi said, adding that the country would like to increase imports and achieve greater balance of international payments under the current account.

China has made low-carbon development a high priority by establishing a "green economy indicator" system to evaluate local government leaders' performance, said Wang Zhigao, program director of low-carbon cities at Energy Foundation China. It's a good way to stimulate motivation on a local level, he said.

China has been revamping its massive State-owned businesses through mergers and acquisitions, industrial upgrading and innovation. In September, the central government launched its largest private equity fund, worth 350 billion yuan, to finance SOE restructuring.