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China's ranking in the World Bank Group's Doing Business 2020 study climbed to 31st place in terms of ease of doing business, up from 46th a year earlier and 78th in 2017, the bank said.
China's value-added industrial output, an important economic indicator, expanded 6.7 percent year-on-year in the first half of 2018. [Photo/IC]
China's rail cargo volume started to increase last August after a six-month subdued period. Overall, rail cargo volume fell 0.8 percent year on year in 2016 to 3.33 billion tons.
China's success can provide other countries with inspiring experience in pursuing their own development and in promoting global peace and prosperity.
China's rural population living under the poverty line-less than 2,300 yuan a year, or slightly more than a day in 2018 values-decreased from 770 million in 1978 to 16.6 million in 2018, and the life expectancy of Chinese people has jumped from 35 years when New China was founded, to 65 by 1980 and 77 last year, according to the white paper.
