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China has leapfrogged to be the world's largest steel producer. In 2017, China produced 832 million tons of steel, followed by 169 million tons in the European Union, 105 million tons in Japan, 101 million tons in India and 82 million tons in the US, according to the World Steel Association. Back in the 1980 when the US produced 101 million tons of crude steel, China's output was 37 million tons.
China has made great accomplishments in such fields as science and technology, arts and culture, education, medicine and social welfare, he said.
China called upon states bordering the South China Sea to jointly work with Beijing to guard against external interference and disruption, State Councilor and Foreign Minister Wang Yi said on Monday.
China has accelerated its opening-up in the insurance sector with 34 detailed policies introduced in April 2018. Those policies relaxed rules on foreign ownership, insurance intermediaries and asset management.
China has maintained a high savings rate during its economic expansion, while the United States consumes a large amount of global products and services and has a very low savings rate, he said.
来源：资阳报