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China is strongly dissatisfied with the statement made by Australia, he said, stressing that China is a country under the rule of law, and Australia should respect China's judicial sovereignty and stop interfering in the lawful handling of the case.

China has set the tone of its 2017 monetary policy as prudent and neutral, keeping an appropriate liquidity level but avoiding excessive liquidity injections.

China is pushing forward the Made in China 2025 strategy, as it seeks to tackle bottlenecks and make breakthroughs in 10 sectors, including aviation, new-energy vehicles and marine engineering equipment.

China is now the world's second-largest civil aviation market. The country handled 660 million air passenger trips in 2019, surging 7.1 percent from the previous year. And the figure is expected to reach 710 million this year, up 7.5 percent year-on-year, according to the administration.

China is on its way to becoming the largest innovation economy in the world, Forbes.com reported on Sept 19, noting China's transition from rural poverty to export powerhouse to consumer goliath may be "the most consequential economic event in centuries".