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China's pharmaceutical demand has been booming in recent years due to the rapidly aging society with burgeoning purchasing power. It has become the world's second-largest market for pharmaceuticals, and the biggest emerging market with growth tipped to reach 5 billion to 5 billion by 2022, according to healthcare information company IQVIA.

China's poverty line is measured at the annual household income of 2,300 yuan (5). By this 2010 standard, the country's impoverished population stands at 43.35 million, data show.

China, EU urge restraint

China's trade with countries participating in the Belt and Road Initiative continued to gain momentum, rising 10.8 percent to 9.27 trillion yuan in total.

China, the world's largest consumer of pork, has had its hog herd devastated by an outbreak of African swine fever discovered more than a year ago. Since August 2018, about 1.17 million hogs have been culled to stop the disease, the United Nations Food and Agriculture Organization reported. That has sent pork prices in China up about 69 percent and increased demand for imports. Beijing has imposed tariffs on US pork as part of its continuing trade dispute with the US.