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"By then, technologies about lithium batteries and fuel cells will become mature and the prices of new energy resources and renewable resources will see their turning point, as will new energy vehicles," said Ouyang.

"CSIC will no longer take orders that have no profit or may cause financial loss from the civil ship market and deploy more resources on producing high-end products such as deep-water semi-submersible drilling platforms, intelligent offshore ocean farming facilities, very large crude carriers and vehicle carriers," he said.

"China has always fulfilled its obligations, kept its promises and made significant contributions to the world economy by paying great efforts and costs since it joined the WTO 17 years ago," Foreign Ministry spokesperson Hua Chunying told a routine press briefing.

"But we are not very worried about the drop, because we are aiming to build a worldwide classroom for our students, and we accept a steady number of applications from Chinese students every year," Priester said.

"Chile's cherry production is expected to double in four to five years. Only the Chinese market can have such a big demand for cherries," said Huang.