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China, top buyer of grain feedstock, calls action 'individual, normal trade remedy'

China-Europe rail freight services hit a record high last month, helping maintain the global supply chain amid the COVID-19 pandemic, the country's top railway operator said on Wednesday.

China's population is aging rapidly. The number of people aged 60 or above reached 241 million in China by the end of 2017, accounting for 17.3 percent of the total population. The number is expected to peak at 487 million around 2050, accounting for a third of the total population, according to the Office of the National Working Commission on Aging.

China's service trade deficit has narrowed significantly, according to Gao Feng, the ministry's spokesman. In July, the figure decreased 30 percent month-on-month and 1.8 percent year-on-year to 141.5 billion yuan (.8 billion).

Chinese New Year becoming mainstream holiday in US