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China can intensify international cooperation in agriculture to solve challenges facing its food security, a vice-president of the Chinese Academy of Engineering said on Friday.

China has held its status as the world's most favorable market for renewable energy development and investment, according to a new study.

China has been encouraging mergers and reorganizations among the state sector and plans to reduce the number of central SOEs to under 100 as part of the ongoing reforms to improve efficiency of the companies.

China at this time has about 1,000 companies whose annual revenue has surpassed 10 billion yuan, data from the China Enterprise Confederation showed. As the Chinese economy is transforming from rapid growth to high-quality development, more "10 billion yuan" level enterprises are needed to lead in industrial progress, Yao added.

China has been a leading force in applying artificial intelligence, robotics, drones and other cutting-edge technologies in different scenarios.