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China is aiming to lift all rural residents, living below the current poverty line, out of poverty by 2020. This year, China will further reduce the poor rural population by over 10 million, according to a government work report.

China has sought to normalize IPOs to improve financing efficiency and direct more money into the real economy since it suspended IPOs between July and November 2015.

China is diversifying its foreign exchange reserves in order to safeguard their value, the State Administration of Foreign Exchange, the country's currency regulator, said on Thursday, dismissing media reports that it was halting or reducing its purchases of United States debt.

China is Australia's largest source for foreign university students. They spent an estimated AU billion last year.

China has set a good example of how a committed and persistent government can transform economic development into increased quality of human life, Ban Ki-moon, the chairman of the Boao Forum for Asia, said on Tuesday.