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China has become a major attraction for international private equity investors, said industrial leaders at the 2020 Global PE Forum held in Beijing during the China International Fair for Trade in Services.

China gives the National Science and Technology Awards to scientists for their outstanding contributions to scientific and technological innovation every year. The awards are presented by State leaders at the annual ceremony.

China has been closely cooperating with other countries and international organizations, such as the World Health Organization, in the fight against the novel coronavirus pandemic, which has effectively suppressed spread of the disease in some countries, said the report.

China has made impressive achievements in cutting small-scale coal burning to protect the environment during the 13th Five-Year Plan (2016-20) thanks to effective and precise policy measures and generous financial support, according to a recent report issued by the Natural Resources Defense Council, a nonprofit environmental organization.

China cut the reserve requirement ratio for selected banks four times in 2018 and has recently introduced a targeted Medium-Term Lending Facility, a tool used to adjust liquidity, to supply lower-cost funding to banks so that they can lend the money out to support the real economy, such as small enterprises.