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China has sold more than 50 million domestically manufactured chips connected to the Beidou navigation and positioning system in the past five years.

China is the world's largest new energy car market, with 1 million such cars running on its roads by the end of 2016.

China is an innovation-based economy. Such an economy develops new products or methods of production that drive economic progress and enable states to deal with challenges such as climate change and global health crises. The ability of a country to innovate rests on its education system. A well-educated workforce contributes to technological and scientific discoveries.

China is also Indonesia's largest source of foreign tourists and second-largest host of Indonesian students, the article noted.

China is ready to work with Japan and the Republic of Korea to make trilateral cooperation serve regional peace, boost economic growth in Asia, advocate an open economy and uphold the rules of international relations, State Councilor and Foreign Minister Wang Yi said on Friday.