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China is facing a sharp shortage of technological workers with the number at 165 million, which is only 21.3 percent of the total workforce. The number of high-caliber technological workers is about 47 million, which is about 6 percent of the workforce.

China is on track to eliminate all expressway toll booths on provincial borders by the end of the year, with related construction work expected to be completed by Friday, the Ministry of Transport said on Thursday.

China is creating a law-based, international and accommodating business environment and building a country of socialist rule of law, he added.

China is on the cutting edge of the fintech industry and promises great opportunities for fintech talent, fuelled by a rising demand for financial services and technology professionals, according to Hays plc, a global professional recruiting group.

China is an innovation-based economy. Such an economy develops new products or methods of production that drive economic progress and enable states to deal with challenges such as climate change and global health crises. The ability of a country to innovate rests on its education system. A well-educated workforce contributes to technological and scientific discoveries.