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China will make more efforts to cut tariffs on products including cars, senior Chinese official Liu He said at the World Economic Forum annual meeting in January. Import taxes on 187 products were slashed last year, with the average rate down from 17.3 percent to 7.7 percent.

China's central government has announced a series of healthcare reforms to establish a basic, universal health system that can provide safe, effective, convenient and low-cost health services. The reform affects most facets of healthcare delivery, including health insurance, primary care, hospital management, medication and public health. China also encourages cooperation with foreign pharmaceutical companies. All these involve better planning, coordination and cooperation, which is a big challenge for the government.

China will intensify efforts to make its hog farming sector safer and ensure stable supplies after the industry has been seriously affected by African swine fever outbreaks, the Ministry of Agriculture and Rural Affairs said on Thursday.

China's action came on the same day that US President Donald Trump announced that up to billion worth of Chinese imports could face tariffs.

China's Fit Boxx Holdingsis seeking to raise about million in an initial public offering on the US stock market. [Photo/VCG]