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China's courier industry is expected to be handling 1 billion parcels per day within five to eight years, but few couriers have developed the capabilities needed to cope with that astonishing amount, said Jack Ma, Alibaba's billionaire founder and chairman.

China's fixed-asset in railway infrastructure reached 325.9 billion (.5 billion) in the first half of this year, exceeding its investment goal, according to the country's top railway operator on Monday.

China's cross-border trade with Myanmar is gaining momentum in the wake of the government's latest measures.

China's opening-up has evolved into a new phase whereby more focus will be given to aligning domestic rules with world-class international markets, said Wang Yiming, a national political adviser and a senior economist.

China's foreign trade volume reached 30.51 trillion yuan in 2018, up 9.7 percent year-on-year, reaching a record high in import and export volume, said Li Kuiwen, spokesperson of the General Administration of Customs (GAC), at a news conference of the State Council Information Office on Jan 14.