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China can continue with its sound growth momentum in 2018 by boosting investment and facilitating reform and opening-up during the second half of this year, the nation's top economic regulator said.

China appreciates Germany's positive attitude in solving the aforementioned problem, Wang said, noting that the two countries also have remarkable consensus on reaching the China-EU investment agreement and opening the free trade cooperation as early as possible, he said.

China has improved in IP filings and protection by leaps and bounds, yet insufficient enforcement has come under fire and the discordance between quantity and quality has yet to be tackled, Li said.

China has become Washington's No. 1 overseas market, growing 103 percent since 2010.

China has embraced automation enthusiastically. The country is installing more industrial robots than any other countries, accounting a third of the world's total in 2016. Artificial intelligence, unmanned cars, 3D printing and renewable energy are just some of the new industries China is trying to make major headway. The fact that one third of the 4,500 exhibitors at the 2018 Consumer Electronics Show in Las Vegas in January came from China reflects that ambition.