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China is prohibiting property developers, real estate agencies as well as internet finance and micro-loan companies from financing down payments for home buyers to rein in property prices in major cities.

China has reduced the number of rural Chinese living below the poverty line from nearly 99 million in late 2012 to 16.6 million by the end of last year, officials said. It has set a goal of lifting all impoverished rural Chinese from poverty by 2020.

China has seen the rapid development of rail transit in recent years.

China is a very complex country, with a huge population and big differences within one country in terms of geography, economic development, culture, prosperity, societal needs and speed of change. I believe the biggest challenge that China faces today is to find the best way to address the multitude of priorities and considerations it faces, as it tries to balance the need to maintain growth and social stability... while undertaking reforms that can potentially be disruptive.

China has pledged to cut its emissions per unit of GDP by 60 percent to 65 percent by 2030 from its 2005 level, according to the Paris pact, which went into effect last year.