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China supports Serbia in taking a leading role in setting up a China-Central and Eastern Europe transportation infrastructure cooperation center, expecting Serbia to play a greater role in infrastructure, energy, and education.

China removed import tariffs on anti-cancer drugs starting in May and lowered value-added tax on the production and import of the drugs.

China remains confident in achieving annual growth target. [Photo/IC]

China was hit by a severe flu epidemic over the past winter, with 56 reported deaths on the Chinese mainland in January, according to the National Health Commission. Public health experts have said receiving flu vaccines is the best way to prevent illness.

China pledged to deepen SOE reform in this year's annual government work report as a method to improve efficiency. Apart from measures like cutting capacity, managing "zombie companies," excising layers of hierarchy and calling for innovation among firms, China also introduced a mixed-ownership system.