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China is assessing the US move and its influence on China's aluminum industry and international aluminum trade, Sun said.

China is looking to play a dominant role in the global unmanned aircraft system (UAS) sector after launching its first international standard for the sector recently, experts said.

China hopes to boost the efficiency of SOEs, make them operate in accordance with market principles and assume responsibility for their own profits, losses and risks, according to the guideline, which sets a goal of basically completing the reforms by 2017.

China is also the world's foremost renewable energy producer, another area where the interests of German and Chinese policymakers to transition to a greener economy overlap.

China is the world's second-largest pharmaceuticals market, and it is forecast to grow from 8 billion in 2015 to 7 billion by 2020, representing an annual growth rate of 9.1 percent, according to the 2016 Top Markets Report Pharmaceuticals (Country Case Study), released by the United States' International Trade Administration in 2016.