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China is establishing a 70.7 billion yuan (.8 billion) fund to facilitate mixed-ownership reforms of its State-owned enterprises.

China is determined to roll out more policies to optimize the investment environment and tap investment potential of businesses in a bid to support the development of advanced manufacturing, according to the report.

China has steadily increased its focus on the environment, which among other things can be seen in its five-year plans, Agi Veres, country director of the United Nations Development Programme, said in an interview.

China is the world's second largest economy, largest industrial producer, largest trader in goods, and largest holder of foreign exchange reserves. Moreover, with its large population of 1.4 billion and a rapidly growing middle class, China is the world's largest and most promising market.

China has stepped into a new economic era dominated by the industrial informatization, so data information and the industrial chain thinking method are of paramount importance, said Chai Yuan, vice-president of JingData, in Beijing on Tuesday.