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China has about 4 trillion yuan in its pension fund balance, and more provinces should be encouraged to try entrusted investment, Tang said.

China has announced a new round of tax cuts in a bid to shore up its economy amid external uncertainties. [Photo/VCG]

China began developing early earthquake warnings after the Wenchuan quake and became the third country with an early earthquake warning system after Japan and Mexico.

China has been building a tiered medical care system since 2009. In this system large and specialist hospitals take care of complicated and severe illnesses, while community hospitals treat chronic disease and provide health-management services. It is therefore important to improve chronic disease care in community hospitals, to provide patients with better medical care and help them establish healthy lifestyles, organizers said.

China expects smart cars with some autonomous functions to account for 50 percent of new vehicles sold in the country by 2020, according to a blueprint released by the National Development and Reform Commission in January.