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China's catering industry posted a record high of 4.27 trillion yuan (8 billion) in revenue in 2018, coupled with encouraging trends.

China's Tibet autonomous region has created more 60,000 new jobs in 2019, with the employment rate standing at 75.5 percent, China Tibet News reported on Tuesday.

China's central bank said it will boost the opening-up of the country's bond market this year while improving the rules dealing with bond defaults, in order to prevent and reduce financial risks.

China's National Science and Technological Innovation Plan, announced last year, called innovation "a primary driving force for development", and President Xi Jinping has described innovation as "the soul of the people and the source for the country's prosperity".

China will open its market and expand imports based on its new round of reform and opening-up and the demand of the domestic market and the Chinese people, to ease related issues in economy and trade, the statement said.