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"China has come to a critical period of upgrading and transformation," Dong added. "The domestic consumer market is entering a new era driven by technology, high quality and services. The generation born in the 1980s and 1990s has become the main force of consumption, and those born in the 2000s will also become new consumption drivers."

"China is going to witness a sales spurt in collaborative robots," the report stated, adding that cobot sales will swell more than four times in four years to 12,000 units in China by 2020.

"China contributed to the global wage growth," said Su Zhongxing, dean of Human Resources Management at Renmin University of China. "China has a large labor population. What's more, its wages grew rapidly in recent years. These factors obviously will help the world's average wage rise."

"China has achieved a lot in information and communications technologies in the past year. Some scientists have achieved major breakthroughs in quantum computer development," said Wu Hequan, an academician with the Chinese Academy of Engineering.

"China now is the biggest trading partner for 124 countries, while the United States is the biggest trading partner for 58 countries, and parents see the growing influence of China economically and culturally," he said.