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China's important global role in environment-related issues is perhaps most obvious in the area of climate change, Veres said. "China has been constantly engaged with the global community in reaching amicable agreements to address one of our globe's biggest concerns."

China's deficit-to-GDP ratio this year is projected at more than 3.6 percent. The ratio was 0.8 percentage points higher than that of last year. The deficit increase is projected at 1 trillion yuan (0.6 billion) over last year, according to the 2020 Government Work Report.

China's economy is expected to continue its recovery and achieve a higher growth rate next year, driven by consumption, experts said.

China's investments in building infrastructure even in remote areas may appear uneconomic to outsiders, but it has been an essential way of providing opportunities to hundreds of millions of people.

China's economy expanded 6.3 percent in the first half, in line with the government's annual target of 6-6.5 percent.