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"Creating long-term productive assets requires wise and patient capital - a difficult challenge, and this is the reason that there is such a vast global deficiency in infrastructure investment. So Chinese capital and know-how are very important to fill this gap," he said.

"Chinese courts have been upholding equal protections while hearing foreign-related IP disputes no matter where litigants are from," Tao Kaiyuan, vice-president of the Supreme People's Court, told China Daily in an recent exclusive interview.

"China will succeed in building a moderately prosperous society in all respects this year, with health becoming a huge industry," said Li Hua, deputy director of the Zhejiang Provincial Sports Bureau.

"Chinese consumers want diverse, quality products, and a nice consumption environment," said Yu, adding that spending on health, convenience and personalized lifestyle products has risen.

"China urges the US to earnestly fulfill its bilateral commitments, respect the facts, and objectively and impartially evaluate the efforts made by foreign governments including China in terms of intellectual property rights and the results achieved," the ministry said in a statement.