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China-Laos railway is a big project under the Belt and Road Initiative. The railway runs through Lao mountainous area with many tunnels needed to be built, and now, along the route, it is easy to find advanced machinery and equipment in full operation alongside the thatched huts of local residents.

China's tax revenues can be divided into three categories: central tax, local tax and tax shared between the central and local governments. VAT accounts for the majority of shared tax revenues.

China's untiring efforts to propel economic development and social progress over the past decades show it is committed to offering more effective guarantees to its people to enjoy their rights and protect their interests. The ever-increasing sense of happiness of the Chinese people since the founding of New China in 1949, especially since the launch of reform and opening-up 40 years ago, is proof that the Chinese people today enjoy comprehensive human rights.

China's sovereign wealth fund China Investment Corp on Tuesday posted a 6.22 percent return on its overseas investments last year, reversing a loss in the previous year.

China's stock market in 2017 was much steadier compared with a year earlier. Only three trading days registered changes beyond 2 percent last year, and the fluctuation ratio of the benchmark Shanghai Composite Index recorded a historic low of 13.98 percent, according to the China Securities Regulatory Commission.