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China has become a subscriber to the Special Data Dissemination Standards set by the IMF in 2015, which means China would from then on release macroeconomic data in accordance with this global benchmark.

China has made strenuous efforts in recent years to restructure its economy while maintaining steady growth. As a result, it has seen its economic fundamentals improve, with the consumption and service sectors playing a more important role and prices remaining stable.

China has factored in environmental concerns while maintaining economic growth, by transitioning from the use of coal to other cleaner energy such as liquid natural gas.

China gives high priority to employment. We have worked to ensure that economic development is pursued in a way that supports job creation, encouraged business start-ups as a means to create more jobs, and paid particular attention to the employment of college graduates and other key groups. We have also provided the labor force with better education and training to tackle structural unemployment. In each of the past few years, we have created over 13 million new jobs in cities and towns. An important thing we have learnt from all this is that with better coordination and the right measures, economic restructuring does not have to come at the expense of employment. On the contrary, stable employment would allow greater leeway for reform and development.

China had 548 captive pandas at the end of last year, 196 of whom were in the Chengdu base.