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China will promote the structural adjustment of State-owned economy by advancing mixed-ownership reform, and enhancing cooperation between State-owned enterprises and private companies during the period of the 14th Five-Year Plan (2021-25), officials said on Monday.

China will see faster debt growth this year as credit is expanding aggressively to support economic recovery, but the overall leverage ratio will likely be within a certain range to prevent long-term systemic risks, officials from the People's Bank of China, the central bank, said on Friday.

China will establish a mechanism of cooperation between hospitals in China and 30 hospitals from Africa. We will also accelerate the building of the Africa CDC headquarters.

China's VR market expanded 164 percent year on year to reach 16 billion yuan in 2017, data showed.

China will stop using the traditional benchmark lending rate for new loans starting next year, which is considered a milestone in the 25-year process of market-oriented interest rate liberalization reform. Economists expected a more flexible mechanism to reduce financing costs for companies and households.