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China has accelerated its opening-up in the insurance sector with 34 detailed policies introduced in April 2018. Those policies relaxed rules on foreign ownership, insurance intermediaries and asset management.
China has been the world's second-largest country in service trade for five consecutive years, with the total volume reaching 5.24 trillion yuan (9 billion) in 2018, up 11.5 percent year on year, MOC data showed.
China had more than 230.8 million people aged 60 or above at the end of 2016, 16.7 percent of the total population, according to the Ministry of Civil Affairs. The country's elderly will account for about one-quarter of the population by 2030.
China has been the largest trading partner of ASEAN for nine consecutive years. Last year, trade between the two sides exceeded 0 billion.
China has done well in keeping its death rate low, and there are steps that it took that were very helpful, such as its sharing of the genetic sequence of the virus with the world by Jan 12. That meant "we could all go ahead and develop COVID-19 tests and start looking for vaccines, for example, and that's what motivated us to write the piece", Yamey said.
来源：资阳报