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China's coal resources are mainly concentrated in Shanxi, Shaanxi and the western part of Inner Mongolia, while coal consumers are mainly in central and southern China. The line will promote the development of the northern regions' resources, ensure energy supplies in Central China and improve railway energy transportation between the north and the south.

China's domestically produced cars are more internationally competitive than they were five or 10 years ago, meaning that the country's recent opening-up measures in the auto sector will have a smaller impact, according to Paul Gong, executive director of UBS Investment Research Asia Autos.

China's major device makers have taken a leading position, based on the market advantages of China and their early layout on technical standards, the report said. With fast commercialization of 5G, domestic vendors are speeding up their R&D in the area of terminal devices and meeting fierce competitions

China's new billion Beijing Daxing International Airport is expected to become a vital cog in global airport transfer passenger flows and improve Beijing's standing as a major global aviation hub, industry experts said.

China's civil aviation industry has been recovering since May and has been performing better, Yu said, adding that passenger volume in the domestic market has almost reached last year's level.