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China is currently in the midst of a long-term transformation of its national business model. Earlier growth was based on the nation's comparative advantage at the time－low-cost labor combined with good infrastructure and a business environment that was acceptable for low-wage manufacturing. This business model enabled China's growth for more than 30 years and allowed it to raise almost all of its people out of extreme poverty.

China is actively promoting research on high-speed maglev trains.

China is stepping up efforts to boost pork supplies and curb surging pork prices, taking a series of measures, including releasing frozen meat, boosting the production and supplies of alternatives, like poultry, increasing meat imports and offering subsidies for those in need.

China is adding about 3 million burial plots a year nationwide. Yet Ouzi, an industry analysis and data service company, estimates that all available spots will be occupied by mid-2022, roughly 18 months earlier than predicted in a 2014 report by the ministry.

China has welcomed the move, applauding all efforts to reduce tensions and create a more peaceful atmosphere on the peninsula, which could pave the way for future diplomatic talks on the nuclear issue on the Korean Peninsula.