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Despite a slight three-point decline from last year, the 2019 index remains "at a relatively high level" according to the 2019 Belt and Road Infrastructure Development Index Report.

Despite global economic uncertainties amid the COVID-19 pandemic, China's foreign trade has maintained better-than-expected performance since the second quarter of this year, with trade in services, cross-border e-commerce and private sector transactions emerging as new growth engines, according to government officials and economic analysts.

Delivering the Government Work Report, Premier Li Keqiang said the task of reducing the armed forces by 300,000 troops has been basically completed. The cut was announced by President Xi Jinping in September 2015.

Despite the IMF's lower forecast for China, analysts said policymakers in Beijing will seek to stabilize growth through further opening of certain sectors including the financial industry to improve market liberalization and capital allocation, crucial for the pursuit of high-quality growth.

Despite the extremely cold weather, the 18th Chagan Lake Fishing and Hunting Cultural Tourism Festival attracted more than 100,000 visitors to witness an impressive winter fishing ritual on the lake that dates back to the Jin Dynasty (1115-1234).