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China has seen several fatal retirement home fires over the last few years, raising concerns about their management.

China has unveiled the outline development plan for the Greater Bay Area, aiming to build it into a role model of high-quality development, an international first-class bay area and a world-class city cluster.

China is distinct from its Western counterparts. Domestically financed debt, a higher-than-average savings ratio, and stronger-than-usual fiscal strength separate the economy from others and offer the country sufficient room to ward off financial risks.

China is Mongolia's largest trade partner and a major foreign investor. Bilateral trade grew 36 percent to reach 6.7 billion U.S. dollars in 2017, accounting for 63 percent of Mongolia's total trade. The two sides have upped the ante, raising the target to 10 billion dollars by 2020.

China has set the tone of its 2017 monetary policy as prudent and neutral, keeping appropriate liquidity and avoiding excessive injections.