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Chinese Premier Li Keqiang addresses the opening ceremony of the Annual Meeting of the New Champions 2019, also known as the Summer Davos Forum, in the city of Dalian, Northeast China's Liaoning province, July 2, 2019. [Photo/Xinhua]

China, haunted by severe pollution after three decades of rapid economic growth, started to switch to a more sustainable growth model years ago, with less emphasis on GDP growth and more on sustainable growth.

China's plans to reduce tariffs on imported vehicles could actually benefit Chinese customers and carmakers in the long run, according to industry experts.

China's service exports have shown strong growth in first five months of 2019 and the trade deficit in services has narrowed by 10.1 percent year-on-year, data released Thursday by the Ministry of Commerce showed.

China's tax authority made remarkable progress last year in its reform efforts, achieving positive changes in tax system structure, technology and the administrative culture, according to a report jointly issued by the World Bank Group and PwC.