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"Considering that the average basic consumption expenditure for residents in Chinese cities and towns is about 4,200 yuan a month per person in 2018, we set the minimum threshold of personal income tax at 5,000 yuan. It not only covers the expenditures but also leaves room for further increases in consumption," Vice-Finance Minister Cheng Lihua said at a news conference on Friday.

"Chinese going abroad for investment or trade have become a strong pull for tourism, and the growing number of Chinese tourists abroad will also stimulate trade," said Zhang Jianping, director of the Regional Economic Research Center of the Ministry of Commerce. "But it is also worth noting that current tourism services and infrastructure in China have not yet satisfied people's increasing demand for travel."

"Compared with many countries, the third pillar has seen relatively slow growth in China, taking up a low proportion within the whole pension system and providing far from adequate support for retirement funding," Guo said at the Annual Conference of Financial Street Forum 2020 in Beijing in October.

"China's hydropower technology, after years of development, is of top quality, and very competitive, on the global stage, in terms of cost, construction, management and control experiences for mega-sized projects.

"Currently, the standard of care for patients who have never been treated is a three-drug regimen," said Debra Birnkrant, director of the Division of Antiviral Products with FDA.