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China will continue to open up its trade in services to the outside world and promote high-quality development of trade in services, despite the challenges brought by the ongoing COVID-19 pandemic, People's Daily reported on Wednesday.

China received 170.1 billion yuan (.1 billion) of charitable donations from home and abroad last year, according to a report released by the China Charity Alliance. The report, published Saturday by the alliance at the ongoing 8th China Charity Fair in Shenzhen, Guangdong province, said 109.2 billion yuan of the donations went to the fields of education, poverty alleviation and healthcare. The report said cash donations hit a record high of 104.4 billion yuan last year, up 3.64 percent year-on-year and accounting for nearly 70 percent of the total value of donations.

China remains the largest single e-commerce economy in Asia as the Chinese mainland’s burgeoning middle class continues to grow and embrace quality over price.

China plans to make major breakthroughs in key fields of the comprehensive reform of State-owned assets and State-owned enterprises (SOEs) in pilot areas across the country by the end of 2020, said a senior official.

China recycles steel at less than half the rate of the rest of the world. In 2017, roughly 17 percent of scrap steel in China was recycled, compared to a world average of 35.5 percent.