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China's property market, once deemed a major risk for the broader economy, cooled in 2017 amid tough curbs such as purchase restrictions and higher downpayment requirements as the government sought to rein in speculation.

China's pet dog population has reached 27.4 million, third in the world after the United States and Brazil.

China's supply and marketing cooperatives have been a key platform for the distribution of agricultural products in rural areas in the past decades.

China's policies and regulations on foreign private asset managers have not changed under a pilot program launched in 2016 that allows global firms to set up wholly foreign-owned enterprises to raise onshore funds and invest in the onshore securities market, according to the official, who spoke on condition of anonymity.

Chinese GDP growth slowed to 6.1 percent in 2019, and the global economy expanded only about 2.9 percent last year－the weakest year since the 2008 financial crisis. Moreover, global growth in 2019 was only slightly above the global recession threshold of 2.5 percent.