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China is one of the most biologically diverse countries in the world, with areas of the country representing all types of land ecosystems. It is also home to 35,000 higher plant species, 8,000 vertebrate species and 28,000 kinds of marine organisms. It also has more cultivated plant and domesticated animal species than any other country.
China has rolled out a series of targeted measures to support SMEs, which were among the hardest hit by the epidemic.
China is now implementing an innovation-driven development strategy, while Canada has world-leading R&D and manufacturing capabilities in high-tech, artificial intelligence and new clean energy.
China is one of the first countries to develop new energy vehicles, often called NEVs, to cut emissions and build a competitive car industry. It started to subsidize the sector in 2009 and 33.4 billion yuan had been earmarked by the end of 2015, according to statistics from the Ministry of Finance.
China is forming a new development paradigm known as "dual circulation," which takes the domestic market as the mainstay while allowing domestic and foreign markets to boost each other.
