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China has become the world's biggest electric vehicle market with the help of subsidies in only a few years. Figures from the IEA show China saw 336,00 new electric car registrations in 2016.

China considers its relations with Japan to be important, he said. "We noticed the positive signals from Japan and their high-level officials to improve the relations between the two countries," Lu said.

China deferred loan principal repayments worth 1.28 trillion yuan (0.1 billion) for 750,000 micro, small and medium-sized enterprises from Jan 25 to May 15 due to the novel coronavirus outbreak, the country's top banking and insurance regulator said on Wednesday.

China has launched the world's largest carbon market. The concept of ecological civilization has become the core tenet of China's development strategy and it is believed this will inspire a new wave of environmental leadership across the globe.

China asked cinemas across the country to shut down in late January to curb the spread of the novel coronavirus. While the epidemic is seen to be mostly under control in China, cinemas have not yet been allowed to open.