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China is expected to install urban rail transit systems in another two to three cities in H2 2019, covering a newly added length of 600 km, the CAMET estimated.
China has worked to create an eco-system for innovation, including talent, investment, policy support and market environment, that fuels a cycle of innovative activity.
China is facing financial risks that have accumulated in the aftermath of the global financial crisis, adding some domestic cyclical, structural and systemic problems, said Wang.
China has previously set targets to double its economic size in the first two decades of this century.
China imported 3.25 million metric tons of LNG in March, up 64.2 percent year-on-year. Total LNG imports in the first three months of this year reached 12.38 million tons, up 59.1 percent year-on-year, according to the General Administration of Customs.