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China so far has established 75 overseas economic and trade cooperation zones in 35 countries and regions. These also helped create up to 950,000 jobs by the end of last year. These zones have paid more than 0 billion in taxes to governments in host countries over the past four years, according to data released by the Ministry of Commerce.

China set its monetary policy as prudent and neutral for 2017 as authorities try to balance financial deleveraging and support economic growth.

China notified the World Trade Organization on Tuesday it will ban the import of 24 different types of solid waste shipments by the end of this year, as part of a campaign to tackle environmental pollution, Reuters reported.

China now has express freight services to 28 European cities. Since March 2011, more than 3,500 trips have been made. The figure should rise to 5,000 by 2020.

China on Wednesday announced a new, shortened version of the nationwide negative list for market access, a move that is expected to further improve the level of openness and build a transparent, efficient and fair business environment in the country, experts said.