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"China's economy has shifted from a high-speed growth stage to a high-quality development stage. Promoting green development, establishing a sound economic system with green and low-carbon recycling, as well as strengthening energy saving, and environmental protection and clean energy industries are the future trend, which offer great opportunities for the development of natural gas industry," said Cai Fang, deputy head of CASS.

"China's shipbuilding industry used to take the lead worldwide in terms of dead weight tonnage. However, most of the ships were low value-added ones such as oil tankers or bulk-cargo ships. By diverting to LNG carriers, we can show the techniques and skills that Chinese shipbuilders now grasp," said Chen.

"China's growing middle-class has more money to spend, particularly on high-end, nutritional dairy items," said Song Liang, a senior independent industry analyst.

"Continuing uncertainties in the trade and investment environment have dampened the growth outlook across the world, with a likely impact on businesses and jobs, adding to the urgency and imperative of concluding the RCEP (Regional Comprehensive Economic Partnership)," the ministers said.

"Climate change is already affecting the lives of all people, but for the 1.8 billion young people between the ages of 10 and 24 years, the issue is felt with far more urgency as it will shape their lives in ways never witnessed before. For the younger generation, the need for urgent climate action has never been clearer," she added.