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China spent 120.9 billion yuan ( billion) in basic scientific research last year, a 10.9 percent year-on-year increase, he said, adding scientific spending by local governments and companies is on the rise.
China will begin testing the world's largest solid-propellant rocket engine in February, according to a senior space scientist interviewed on Sunday.
China successfully promoted the establishment of the Asian Infrastructure Investment Bank (AIIB), the Silk Road Fund and the BRICS New Development Bank (NDB), helping drive the international economic governance system in a more just and reasonable direction.
China offers consumers three ways to save for retirement - the national pension system, voluntary occupational pensions, in the form of annuities and covering only a minority of the population, and private savings, said Fang Lianquan, a researcher at the Center for International Social Security Studies of the Chinese Academy of Social Sciences.
China should rebuild its image as a country with high-quality goods to cement its position as the second largest economy in the world, she added.
来源：资阳报