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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 a report released by the Ministry of Civil Affairs.

China commended the clarification Uganda made on Wednesday, in which the African country's Foreign Ministry said that Chinese diplomats were not involved in ivory smuggling and that the Ugandan government is committed to strengthening ties with China.

China has created 11 free trade zones where foreign firms can escape red tape when applying for registration. It is shortening the list of sectors that are off-limits to foreign investors, as with reducing market entry restrictions for industries such as transport and financial services.

China has emerged strongest from the coronavirus pandemic, with reopened factories, continuing economic development and tight controls on new outbreaks, the report noted.

China has been transitioning from a phase of rapid growth to a stage of high-quality development, according to the report.