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China has launched a series of reforms to invigorate its torpid SOEs, including changing their share-holding structure, spinning off non-core assets and encouraging innovation.

China has collected the pollutant discharge fee since 1979. In 2015, the government collected 17.3 billion yuan (.6 billion) from about 280,000 businesses, according to the Ministry of Finance. However, some local governments took advantage of loopholes and exempted some large enterprises that had contributed large amounts to local fiscal revenues.

China has no worry of falling into a state of stagflation — economic growth stagnation plus high inflation — amid improving growth-related indicators in August, the National Bureau of Statistics said on Friday.

China has also taken measures to improve its export structure, with exports of automobiles expanding by 16.3 percent and machine tools by 18.7 percent, compared with the same period last year, according to the GAC. Exports of electrical-mechanical products rose by 7.8 percent to 6.91 trillion yuan, accounting for 58.3 percent of China’s total export value.

China has grown more connected, reaching seventh place globally, but advanced economies in general remain more connected than developing countries.