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China is currently in the midst of a long-term transformation of its national business model. Earlier growth was based on the nation's comparative advantage at the time－low-cost labor combined with good infrastructure and a business environment that was acceptable for low-wage manufacturing. This business model enabled China's growth for more than 30 years and allowed it to raise almost all of its people out of extreme poverty.

China has the Law on the Protection of Cultural Relics, but has not detailed the penalties on scratching behavior. The Beijing municipal government published a regulation on the protection of the Great Wall in 2003, and according to which, people who scratch the wall could face fines from 200 to 500 yuan (.9-.7).

China is boosting efforts to increase the market supply of urgently needed masks to fight the novel coronavirus pneumonia outbreak, an official from the country's top economic regulator said.

China hopes that the US and the DPRK take care of each other's concerns and further advance the denuclearization of peninsula in concert with the building of a peace mechanism there, Xi said, adding that China will maintain a constructive role.

China is aiming to eliminate poverty by 2020 in a bid to create a "moderately prosperous society."