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China decided to open up its bond market as part of a larger push to liberalize the capital account. But it is not a linear process. The reform process started almost two decades ago, with setbacks and changes during the 2010s. Going forward, the process may continue to be bumpy.

China expects 413.3 million train trips during this year's 40-day travel season as people head home for the most important family union of the year, and catering to them during journeys that can last for days is no small business.

China has led the world in solar-power capacity for the last three years, reaching 130 gW by the end of 2017, but much of that electricity has gone unused, with grids unable to absorb 7.3 billion kWh of solar-generated power in 2017, or 6 percent of the solar power China produced last year, the NEA said.

China attaches great importance to developing ties with Germany, and is ready to push forward bilateral relations and pragmatic cooperation in various fields to achieve new development at a high level based on mutual respect, mutual trust and mutually beneficial cooperation, he said.

China appreciates that the West African country Burkina Faso issued a statement on cutting “diplomatic” ties with Taiwan, the Foreign Ministry spokesman Lu Kang said Thursday.