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China's AI industry output last year was 18 billion yuan (.82 billion) and the value of related industries reached 220 billion yuan, according to the Ministry of Industry and Information Technology.

China will strengthen its national strategic technologies with efforts including giving full play to the state's role in organizing major science and technology innovations.

China will further lower market access thresholds in areas like the banking and securities industry and expand the early negative list for management to attract more foreign investments, the State Council said on Wednesday.

China's National Energy Administration already has plans to produce 50 billion cubic meters of gas from coal by 2020, enough to satisfy more than 10 percent of China's total gas demand.

China will maintain a proactive fiscal policy and prudent monetary policy in 2018 to foster high-quality development while containing financial risks.