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China is expected to build over 500 general aviation aerodromes by 2020 to improve the environment for high-quality development of the general aviation industry, the People's Daily overseas edition reported on Wednesday.

China is stepping up its efforts to tighten the process of recalling new energy vehicles, as the world's largest market saw a growing number of incidents where such cars have caught fire, according to the State Administration for Market Regulation.

China imported almost 13.5 million metric tons of garbage in 2019, down about 40 percent year-on-year, and the country expected to realize zero imports by the end of this year, an environmental official said.

China has realized very early in the process of economic transformation that tax capacity is a fundamental pillar to build on state capacity and it has always regarded tax policy and revenue administration as part of the overall strategy, said the IMF official.

China is eyeing 12 percent year-on-year M2 growth for this year.