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"Global governance has to become representative of the world as it is, not the world as it was," he said.

"Greater efficiency is needed in patent and trademark examination, and the ratio of patents in core areas and with high value shall be increased. It is particularly important to increase the patent commercialization rate, which is relatively low at the moment," Li said.

"For the time being, many companies still hold a wait-and-see attitude. More publicity work should be done to raise people's awareness of methanol cars," he said.

"Given China's record of successful reforms in the past decades, and the authorities' strong commitment and determination, we are confident that China will rebalance to a sustainable growth model," he said.

"Government services are to serve the public, and hence must be universally accessible. Current technologies have made it possible to have many things done online," Li said.