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China put forward the idea of "cutting overcapacity, destocking, deleveraging, reducing corporate costs and shoring up weak spots in the economy" in late 2015 to push forward its supply-side structural reform. In the latest development, President Xi Jinping said at the National Financial Work Conference, which ended on Saturday, that the country will further carry out "economic deleveraging" to contain financial risks.

China issued green bonds worth .5 billion in the first three quarters of 2018, surpassing the .9 billion issued in the same period of 2017. The amount of green bonds issued in the third quarter alone reached .5 billion, of which 49 percent is aligned with international green bond definitions, according to a newsletter released by China Central Depository & Clearing Co Ltd.

China offers technical training to SCO members to stop traffickers

China restricted the initial outbreak of coronavirus in Wuhan and continues to tackle any new case aggressively. An outbreak in Beijing over the summer prompted strict local lockdowns, controls on leaving the city and mass testing until it was wiped out. The world's most populous country now records only a handful of cases a day.

China successfully held a Belt and Road high-level meeting on IP protection, actively participated in multilateral affairs under the framework of World Intellectual Property Organization and World Trade Organization, deepened cooperation with the International Union for the Protection of New Varieties of Plants and promoted the improvement of international rules on IP rights last year.