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"Compared with many countries, the third pillar has seen relatively slow growth in China, taking up a low proportion within the whole pension system and providing far from adequate support for retirement funding," Guo said at the Annual Conference of Financial Street Forum 2020 in Beijing in October.

"Chinese ports have benefited from the country's rapid economic growth in the past decade. But integration will be the theme for their development in the future," he said.

"Chinese courts are moving forward in deepening personnel management reforms and building a more elite team of judges to respond to people's high expectations of fairness and justice," he said.

"Chinese brand's performance results from its less successful product development and, more importantly, their undue efforts to cut prices," said Fu Lianxue, a senior expert at the center, in an interview with China Economic Net.

"China's current energy structure is able to reduce both greenhouse gas and local pollutant emissions simultaneously. With the new ministry established, the government will have more control over technical, political, strategic and financial solutions, realizing a synergistic effect," Zou said.