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China will continue to be open to international cooperation in science and technology to leverage global innovation resources and diversify channels for cooperation, the statement said.

China spent about 803 billion yuan (6.8 billion) on railway projects and put 4,683 km of new track into operation in 2018, of which 4,100 km were for high-speed trains.

China officially launched the Internet Plus initiative in 2015, which was designed to upgrade traditional industries by embracing new technologies such as mobile internet, cloud computing, big data, and the internet of things. In just two years, concrete progress has been made, with internet-related technologies revolutionizing sectors such as manufacturing, retail, transportation, finance, and healthcare.

China launched value-added tax reform in 2012, and it was extended to the construction, real estate, finance and consumer services sectors in May last year.

China supports the establishment of a Palestinian state and urges the resumption of peace talks between Palestine and Israel, Foreign Minister Wang Yi said in Beijing on Thursday.