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China's petroleum output in 2018 remained stable at 189 million tonnes, down 1.2 percent from a year ago.

China, home to 1.4 billion people, is able to feed nearly 20 percent of the global population with only nine percent of the world's arable land.

China's rail cargo volume started to increase last August after a six-month subdued period. Overall, rail cargo volume fell 0.8 percent year on year in 2016 to 3.33 billion tons.

China's pivot to Asia is intensifying. Value chains are becoming more regional and less global. For example, China is now the largest trading partner for Malaysia, Singapore and the Philippines. Meanwhile, the country's continued resource demand has increased its importance not only to in-region suppliers such as Australia, where 21 percent of mining and quarrying output is now exported to China, but also to more distant countries such as South Africa and Chile.

China's per capita disposable income grew 6.1 percent year-on-year to 22,882 yuan in the first three quarters of 2019, according to data from the National Bureau of Statistics.