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China expects to deliver its 600 kilometer-an-hour high-speed magnetic levitation trains and 200 kph medium-speed maglev trains by the end of 2021, according to a leading rail sector executive.

China has made much headway in its supply-side structural reform, he added. Economic restructuring has been boosted by the increasing role of sectors like services, online sales, the sharing economy and advanced manufacturing, which are new driving forces for growth, Ning said.

China has made great progress in promoting gender equality in the workplace, but discrimination still exists. A report released in May by Zhaopin, an online recruitment platform in Beijing, shows that married women with children are the least desirable demographic in the job recruitment market, and they are much less likely candidates for promotions.

China has made visible progress in developing a national social credit system. A unified social credit code, which identifies businesses and their specifics, has been introduced nationwide.

China has impressed the world with the construction of its high-speed railways and its first self-built large jetliner, and now the oceans are the next stage for high-end manufacturing as construction commences of the nation's first homegrown cruise ship, which is scheduled to be delivered in September 2023.