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China has entered a new historic juncture of development. The principal contradiction facing Chinese society has changed. The country will finish building a moderately prosperous society in all respects by 2020, move on to basically realizing modernization by 2035, and then turn to making China a great modern socialist country in every dimension by the middle of the 21st century.
China had more than 230 million people aged 60 or above at the end of 2016, 16.7 percent of the total population. The number of people aged 60 or above was 194 million in 2012, 14.3 percent of the total population.
China has been the world's largest new energy vehicle market since 2015. Sales in China were expected to reach 1.2 million by the end of 2018, and the figure is likely to reach 1.6 million in 2019, according to the China Passenger Car Association.
China cherishes the conventional monetary and fiscal policies and will not adopt deficit monetization or negative interest rate policies, said Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission in Shanghai on Thursday.
China has become a globally recognized fertile ground for innovation and business ventures, said the report.
来源：资阳报