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"Currently those countries incinerate about 65 to 70 percent of their total waste, with daily production capacity reaching about 800,000 tons each. China is likely to hit this level by 2025. Now China's waste-to-power development is seeing steady progress, and has a relatively mature industrial value chain and technologies. Going forward, more effort is needed to advance current technologies to raise incineration efficiency and reduce emissions, as well as reduce costs to promote waste-to-power development in rural, less-developed areas," Zhang said.

"Culture export undertakes the responsibility of cultural communication between different countries and also bears economic significance, helping enhance the soft power of a country," he said.

"China's rapid growth has spurred the consumption upgrade, with customers requiring constantly innovative solutions for the future," said Stephen Shafer, president of 3M Greater China. "As we embark on a journey towards success, design plays an instrumental role in helping to fulfill our competitive advantage."

"China stands ready to work with other parties to push for an agreement to be signed as early as possible so as to benefit people in the region," said Chen Xiaodong, assistant foreign minister, at a news briefing on Premier Li Keqiang's visit to Singapore next week.

"Coal-fired plants have been hit by high coal prices, overcapacity and competition, while renewable energy and nuclear power will continue to grow, supported by government initiatives," said Ivy Poon, a Moody's senior analyst.