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China currently has 100,000 gas stations nationwide, with more than half of them owned by two State-owned oil giants: China National Petroleum Corp, which is the nation's largest oil and gas producer by annual output, and Sinopec.

China had remained the world's largest automobile manufacturer and market for eight consecutive years by 2016, with auto sales up 13.7 percent to more than 28 million units last year.

China has pledged a more proactive and effective fiscal policy in 2017 to support economic growth, with the government fiscal deficit set at 3 percent of GDP, or 2.38 trillion yuan for the year, an increase of 200 billion yuan year-on-year.

China appreciates the firm adherence of Sao Tome and Principe to the one-China policy and is willing to advance pragmatic cooperation with the African country, Li said in a meeting with Trovoada ahead of the signing ceremony.

China has also improved the social security system for persons with disabilities, made rehabilitation universally available to them, ensured their right to employment and given strong support to creating an accessible environment and providing assistive appliances, the white paper said.