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China has made progress in fighting so-called zombie companies and in handling bankruptcy disputes over the past few years, especially since an online platform was launched and more specialized tribunals were added, according to the country's top court.

China could favor Airbus and actually come out ahead in job numbers,"he said. Cai von Rumohr, an analyst who covers Boeing for Cowen and Co, believes that China's options in regard to Boeing are limited.

China has been advancing comprehensive cooperation with other countries to realize energy security in an open environment. Under the principle of equality and mutual benefit, China is opening its door wider to the world. The country promotes green and sustainable energy development under the Belt and Road Initiative, and endeavors to improve energy infrastructure connectivity. An active participant in global energy governance, China has been increasing energy cooperation and exchanges with other countries, and facilitating international trade and investment in the energy sector. The country has also joined the international community in building a new model of energy cooperation, maintaining energy market stability, and safeguarding common energy security.

China expressed grave concern on Wednesday over the Republic of Korea Coast Guard's warning shots fired toward Chinese fishing boats, a Foreign Ministry spokeswoman said.

China has become a popular destination for many foreigners due to its favorable policies and good career opportunities.