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China ranks second globally in the scale of licensing fees paid for technology used within its borders, second only to the US.

China will continue to loosen market entry access and improve the business environment for foreign investors. It will also help build technology promotion centers and send training experts to less-developed nations.

China maintained a balance in cross-border trade and investment in the first three quarters, indicated by a 3.2 billion surplus in the current account and .7 billion net inflows of foreign direct investment, the State Administration of Foreign Exchange reported on Friday.

China saw a nine-month high for car sales in September, with 2.7 million cars delivered in the month, according to the country's leading industry association.

China proposed the GEI vision at the UN Development Summit in September 2015. GEIDCO has been committed to promoting the development of the initiative to meet global power demand with clean and green alternatives. It currently has 365 members across 45 countries and regions.