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China is the world’s second-largest oil consumer and in 2017 overtook the United States as the biggest importer of crude oil. Its demand is a key determinant of global oil prices.

China has pledged to rejuvenate the northeast region through more reforms and economic restructuring.

China in 2018 had 202 unicorns valued at a combined total of 4.6 billion, according to a Greatwall Strategy Consultants report.

China is the world's largest alcohol consumer, but imported spirits are not as popular as local white grain liquor (baijiu) in the country. According to data from IWSR, an international alcohol beverage market data and analysis provider, imported spirits account for less than 2 percent of the overall alcohol beverage consumption in China.

China has set innovation as the core of it's 13th five-year plan (2016-2020), with the aims to become an "innovation nation" by 2020, an international leader in innovation by 2030, and a world powerhouse in scientific and technological innovation by 2050.