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China will fight to the end if the US government didn't avert from the trade war it initiated, he said.

China will push for adopting fully online procedures for starting a business in order to further reduce the time required for setting up an enterprise to no more than four working days, said the circular.

China's aging population - that is, people age 60 and older - now numbers 240 million.

China's actual use of foreign capital surged 18.3 percent on a yearly basis to 81.87 billion yuan (.83 billion) in October of this year, marking the seventh consecutive month for the country to witness positive growth in foreign direct investment, according to data released by the Ministry of Commerce.

China's TV market is forecast to see a slide of 1.6 percent year-on-year in sales in 2019, with about 47 million TVs sold, according to market research company All View Cloud.