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China has also undertaken market deepening initiatives that incentivize the private sector and stimulate its further development. Gupta said this also serves as "an automatic economic stabilization mechanism for the broader economy when the state sector is unable, due to budgetary tightening, to make the necessary public investments."

China encourages the research of NEV battery recycling and supports relevant cooperation between research institutions and industrial entities, according to a document jointly released by the Ministry of Industry and Information Technology (MIIT) and six other government departments.

China expects the United Kingdom will maintain its openness and work with China. [Photo/VCG]

China has become a new leading player in the international aviation market. Today, there are many high-tech enterprises in the Chinese aviation market. In 2015, the first China-made regional jet, the ARJ21, was delivered and entered operation. In May 2017, the first large homegrown passenger jet, the C919, made its maiden flight.

China has built a number of pool-type reactors, which have cumulatively operated for 500 reactor years, proving such reactors are stable and reliable, according to Liu. A reactor year is one year of operations for a reactor.