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China has been sharpening its efforts to optimize the structure of steel production. The country plans to cut ineffective steel capacity of about 30 million metric tons this year, according to the Government Work Report available to media on Monday. In the past five years, more than 170 million tons of steel capacity have been slashed according to the report.

China approved billion of quotas for 12 RQFII investors during the first four months, more than half of the total quota in 2018.

China has experienced rapid economic and social development in the past 40 years. Since opening its doors to the world, China has created a unique model for the development of its market economy and established a dynamic business environment. As the world's second-largest economy, China has played an increasingly important role in the world and made great contributions to global growth.

China has launched a campaign against food waste since 2013 and renewed the call this year to alert an increasingly prosperous society.

China banned the importation of US beef in 2003 following an outbreak of variant Creutzfeldt-Jakob disease, aka mad cow disease, in the US.