China's economy will maintain resilience and progress partly due to further opening up, a stronger domestic market and booming high-tech industries, a senior official has said.
Both companies and consumers in China will benefit from massive VAT cuts that will be implemented next month.
Starting from May 1, China will lower enterprise contributions to urban workers' basic aged-care insurance from 20% to 16% to reduce enterprises' burdens.more
China's Ministry of Commerce said it is working with other authorities in preparing relevant rules to ensure successful implementation of foreign investment law.more
China's copper industry posted higher production and steady profitability last year, official data showed.
China's logistics sector posted steady growth in 2018, with the value of goods carried by the sector up 6.4 percent year on year to 283.1 trillion yuan.
China's per capita spending on culture and entertainment rose to 850 yuan (126 U.S. dollars) in 2017 from 570 yuan in 2013, according to the Ministry of Culture and Tourism.