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China is very farsighted in investing in automation, Jouret said. As the cost of labor increases, the amount of value created per worker has to increase as well, and therefore the automation is important.

China leads the pack in the next healthcare breakthrough with the government and stalwart innovators bankrolling a big effort in artificial intelligence and big data that could essentially blaze a new trail in the sector, says an expert.

China will better cope this year with the heavy traffic during the Spring Festival travel rush, with some 3 billion trips set to be made, as technologies from cloud computing to artificial intelligence kicked in to help cope with anticipated and unexpected congestion.

China tied with the same 25 percent approval rating in Europe. But China's disapproval rating there of 48 percent is lower than the 56 percent scored by the US.

China overtook the United States as the world's largest vehicle market in 2009. In the 13th Five-year Plan (2016-20) period, China's car market peaked in 2017 and has since contracted somewhat, but experts believe there is still much growth potential, given the country's large population.