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"China can draw instead upon its world-leading renewable energy industry to lead a green recovery," he added. "It would be superior for its economy, the environment, and the health of Chinese people."

"By abolishing serfdom, a grim and backward feudal system, Tibet was able to establish a new social system that liberated the people and made them the masters of the nation and society, thus ensuring their rights in all matters," the document said.

"China has reduced tariffs on goods such as cars and daily necessities since the beginning of this year, and is working with countries around the world with an opener attitude, said Li Xunlei, chief economist of Zhongtai Securities. "These all provides a good external environment for the high quality development of Chinese economy," he added.

"China is entering into a new era, and it is one that is epitomized by both confidence and sophistication. It is also one based on knowledge, innovation and a strong will to drive critical global governance and leadership issues," he said.

"China has undertaken substantial efforts to improve the domestic business climate for small and medium-size enterprises, maintaining an active pace of reforms," said Martin Raiser, World Bank country director for China.