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China now has around 70 bike-sharing brands, with more than 16 million bicycles on the streets nationwide and 130 million users, according to the Ministry of Transport (MOT).

China rolled out a 4 trillion yuan (6.4 billion) fiscal stimulus that year and it worked. The strong, decisive actions helped China "insulate its markets from a virulent financial contagion."

China will continue to pursue stable economic growth this year, setting its GDP growth target at around 6.5 percent, and further open up its economy to foreign investors, Premier Li Keqiang said on Monday morning while delivering the annual Government Work Report.

China made the greatest gains in education enrollment for disabled children and nutrition. Wang said that while this was promising, there was still room for improvement.

China stands ready to synergize its Belt and Road Initiative and Armenian development strategies so as to make the development of bilateral ties and cooperation benefit the two peoples, said Chinese premier.