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"Computer vision technologies are being increasingly used in the security and surveillance sector. And its use in smart retail, such as face-recognition-enabled payments, is also very fast. China excels in applying cutting-edge technologies to daily consumption scenarios," Song added.

"China's retail sales of consumer goods surged 9.8 percent year-on-year in June, especially driven by the rapid growing online sales and this year's June 18 retail festival," Mao said at a news briefing held on Monday in Beijing. "And we've witnessed fast growth in online sales of cosmetics and home appliances."

"Chinese companies will offer technology and equipment, while local companies will be responsible for the construction."

"Currently wind power and photovoltaic power generation cost a lot less compared to the past, due to technology innovation and a price drop in power generation equipment. There is little need for them to receive government subsidies to keep businesses running," Han said.

"China will continue to implement its proactive fiscal policy and prudent monetary policy, and strengthen its counter-cyclical adjustments. Both industrial production and consumption should be further upgraded and boosted," Ning said.