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China has 254 million citizens age 60 and older, more than any other nation.
China had 151 million kilowatts of installed wind power capacity as of the end of the first quarter, up 13 percent year on year.
China has advanced from being a large and highly populated but underdeveloped country, into a major economy that attracts national and international industries. Therefore, China plays a significant role in the global industry.
China currently has 96 central SOEs, down from 196 in 2003, as the central government has restructured them to improve their efficiency and competitiveness.
China has deployed a series of fiscal policies, such as easing the tax burden on firms in the most vulnerable regions and sectors, including transportation, tourism, and hotels. The tax authorities have also offered tax extensions to cash-strapped businesses, and allowed for a temporary suspension of social security contributions for firms.
