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China officially launched the highly anticipated STAR Market, or its Nasdaq-style tech board, at the Shanghai Stock Exchange on Thursday, a milestone in the country's capital market development.

China now enrolls more than 40 percent of its students in tertiary education, according to the United Nations Educational, Scientific and Cultural Organization. This marks a staggering rise from the 0.1 percent in the 1970s.

China will adjust duties on 706 import items from aircraft engines to pianos and baby's diapers from next year, the Ministry of Finance announced on Monday.

China started the fourth pilot program for the national survey of TCM resources in 2011, which had covered 1,332 counties in 31 province-level regions across the country, or about half of the country's administrative divisions at the county level, by the end of 2017.

China needs to continue its work to ensure it has universities that will prepare the current generation to lead a happy and successful life in a cosmopolitan age of smart machines, a challenge for universities all over the world. The key to doing that is for China to stick to a strategy, which is decentralized, that says each university needs to develop its own approach and try new things to ensure education keeps up with the talent of the students and with the demands of the outside world.