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China has been the world's second-largest importer of goods for nine consecutive years and made up 10.2 percent of global imports last year. Chinese authorities expect the country to import goods worth trillion in the next 15 years.

China currently has 15 hydrogen refueling stations with a hydrogenation capacity below 200 kilograms, and the reason for the infrastructure facilities lagging behind, according to insiders, is the high investment cost and the current limited demand for hydrogen.

China has been offering subsidies on purchases of such vehicles from 2009. But it has been phasing out the subsidies gradually and is scheduled to stop them altogether by the end of next year.

China has been actively speeding up coordinated development of key regions including the Beijing-Tianjin-Hebei region, the Yangtze River Delta region and the Guangdong-Hong Kong-Macao Greater Bay Area, in a bid to further promote regional development and new urbanization.

China has been revamping its massive State-owned businesses through mergers and acquisitions, industrial upgrading and innovation. In September, the central government launched its largest private equity fund, worth 350 billion yuan, to finance SOE restructuring.