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China has stepped up efforts to fight against telecom fraud in recent years. Sichuan police have cracked 1,757 telecom and online fraud cases and frozen one billion yuan of fraudulent money so far this year.

China is facing a challenge in caring for the aging population. Chronic diseases are expected to rise in the next five years, said experts. They expect a sharp increase in consumer spending on long-term healthcare. For its part, the government will likely bear a heavier burden of paying more social security fees.

China is expected to invest up to twice as much as the US, or 8 billion (4.5 trillion yuan), in the back end of the research and development (R&D) chain by 2018, focusing on translating basic and applied research into commercial products and new manufacturing processes.

China is predicted to spend 2.8 trillion yuan (1 billion) in the digital transformation this year, and the figure is expected to surge to 3.2 trillion yuan in 2020 and 3.7 trillion yuan in 2021. Manufacturing (220.5 billion yuan), governments (193.4 billion yuan) and financial services (145.5 billion yuan) are the top three sectors in spending for the digital transformation in 2019, according to Deloitte.

China has successfully defended its key corn-producing areas against the invasion of fall army worms, a destructive pest that has spread to 25 provincial-level regions since its first sighting in January, the Ministry of Agriculture and Rural Affairs said on Tuesday.