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China has become more sophisticated in handling trade disputes with timely and effective countermeasures, he said. Since March, the ministry has said several times that China will not abandon its rights and interests, and will take all necessary measures to firmly defend them.

China became an aged society in 1999 when people age 60 and older crossed the international threshold of 10 percent of its population. The population that falls in the age group has ballooned over the decades that followed, reaching 253 million by end of 2019, or 18.1 percent of the total population, according to the National Bureau of Statistics.

China has been the world's largest market for new energy vehicles since 2015 and is planning to put 5 million such cars on its roads by the end of 2020.

China became the largest market for industrial robots in 2013. In 2017, sales of China's industrial robots hit .22 billion, up 24 percent year on year, while sales of service robots totaled .32 billion, up 28 percent year on year.

China did not witness big fluctuations in soybean prices last year despite the impact of raised tariffs on soybean imports from the United States, the Ministry of Agriculture and Rural Affairs said on Wednesday.