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China's supply-side structural reform shifts the focus from demand to the other side of the lever -- supply. It is aimed at five major goals: cutting overcapacity, destocking, deleveraging, lowering costs and improving weak links.

China's pledge to further open up its automotive industry will bring more opportunities than challenges, according to industry insiders.

China's tax reform, which is to replace business tax with a value-added tax, aiming to boost service industries in China, entered its final phase in May 2016, and it has decreased the total tax and contribution rate by 0.3 percentage points between 2015 and 2016, or an overall tax reduction of 0.8 percentage points, according to the report.

China's rules for assisted reproductive technology are unclear when it comes to the disposal of fertilized embryos that are not transferred to the biological mother. Surrogacy is illegal in China.

China's steelmakers need to press ahead with capacity cutting and deleveraging, despite the sector's strong performance in the first quarter of the year, an expert said.