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In this sense, Shuvalov believed that it is possible for the two sides to reach the trade goal of 0 billion by 2020, despite some negative factors.

Increased competitiveness in the industry will help in the promotion of large scale and automated production, the merger of small companies, and encourage domestic companies to buy or develop farms overseas to reduce costs, for example for improved technology or land.

Industry experts said the smooth operation of the Fuqing No 5 nuclear power unit will boost China's scientific and technological innovation and help develop the advanced manufacturing industry in the country.

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Industrial statistics showed about 80 to 90 percent of high technologies concerning information construction in countries like the United States and Germany came from civil companies.

Indexes of communication equipment and domestically-made software gained 3.62 percent and 3.14 percent, respectively.

Indonesia's ambassador to Switzerland submitted a letter from President Joko Widodo to the International Olympic Committee (IOC) last week.

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Industrialization, the fast evolution of technology and increased incomes have also weeded out many outdated professions, including pager operators, pen menders and peddlers who walk the streets carrying various goods on shoulder poles. Now many of them have become deliverymen, Taobao customer service staff or migrant workers.

In this industry, Chinese technology has matured enough to produce top-quality products now. Compared with Western products, their Chinese counterparts enjoy price advantage, better molds and supportive facilities, he said.

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Industry data have thrown up lots of interesting insights and patterns that mark the new trend.

Increasing customer demand for foreign brands and scope for business expansion are opportunities to drive further growth in the China market, Shih said.