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China's spectacular growth used to be built on cheap manufacturing, low-end exports and smokestack industries. Now, with a wealthier domestic consumer base as well as technological progress, it is reconfiguring the economy for more consumption, more innovation and less pollution.

China, meanwhile, aims to increase its installed geothermal energy capacity by 500 gigawatts from 2016 to 2020, according to the 13th Five-Year Plan for geothermal energy released in 2016, the first such plan in this field.

Chinese Premier Li Keqiang said last month that China must speed up replacing old growth drivers to transform and upgrade the economy, and that the key to the shift of growth drivers lies in technology.

China's top guardian of workers' rights is moving to shield couriers from unfair and illegal workplace treatment, alongside other employees of China's rapidly growing sharing economy, a senior official said on Monday.

China's rental housing market is expected to reach 4.2 trillion yuan in revenue by 2030, up from the current 1.3 trillion yuan, according to a Xinhua News Agency report.