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China has slashed the number of people living in poverty by more than 700 million since 1978. Women accounted for about half of those brought out of poverty.

China is set to become the world's largest payment market by 2020, according to research firm Global Data Plc.

China hopes the European Union will remain vigilant to moves by certain countries to instigate ideological confrontation to serve their own interests, State Councilor and Foreign Minister Wang Yi said.

China hopes to further intensify cooperation with US law-enforcement agencies to bring back three fugitives accused of corruption at home and exposed in a visa fraud probe in California, an official familiar with the matter said on Monday.

China is a victim of cyber attack. With 802 million internet users, including 788 million mobile surfers, and a .95 trillion (￡3.1 trillion) digital economy, which accounts for 32.9pc of its GDP, China is an easy target. In 2017 alone, China suffered close to billion in economic loss due to cyber security problems where 93.5pc of ransomware attacks in China were launched overseas. Being a victim itself and believing in Confucius' teaching that "you do not do unto others what you would not have them do unto you", China resolves to do more to underline rather than undermine cyber security.