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China had 167 million people, or almost 12 percent of the total population, older than 65 in 2018, data from the National Bureau of Statistics showed.
China enjoys a stable economy and a sound fiscal revenue. [Photo/VCG]
China has placed great emphasis on tech development, with AI a key area. The government has laid out plans to become the world AI leader by 2030, with the aim of making the industry worth 1 trillion yuan (5 billion).
China has also pledged to enhance intellectual property protection, a voluntary step taken in accordance with its commitment to the World Trade Organization and aimed at improving the market economy, said Yang Changyong, a senior researcher from the Chinese Academy of Macroeconomic Research.
China continues to conduct testing for COVID-19. While the pandemic has been brought largely under control in the country, new cases are still surfacing.
来源：资阳报