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China is working on measures to enlarge its middle-income group, including increasing earnings for the low-income class, equalizing public services and reforming taxation, as Economic Information Daily reported Thursday.

China paid close attention to the current situation between Pakistan and India, he said, adding that China appreciates the calmness and restraint on the Pakistani side and its efforts to defuse the tensions through dialogues with the Indian side.

China treats IPR owned by domestic and foreign companies alike, and gives them equal protection, Shen Changyu, head of the State Intellectual Property Office, said at a press conference held by the State Council Information Office.

China launched new rules on insurance asset management products on Wednesday to unify regulatory standards for such products and encourage insurers to better serve the real economy by injecting long-term funds into capital markets.

China saw its foreign trade increase 3.4 percent to 31.54 trillion yuan in 2019.