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China's tax climate has improved remarkably, particularly regarding the time needed to comply and the number of tax payments required, mainly because of technology-based enhancement of tax collection services, according to the report entitled "Paying Taxes 2019".

China's top securities regulator said it has given the green light to the trading of liquefied petroleum gas futures and options. [Photo/Sipa]

China's rapid 5G rollout has laid a sound network infrastructure for better use of the industrial internet, he said. The nation has built nearly 700,000 5G base stations, about twice the amount in the rest of the world.

China's tourism revenue rose by 10.5 percent year-on-year to 5.97 trillion yuan (6.5 billion) in 2018, with over 79.9 million people working in tourism and related industries.

China's pension funds are in a stable condition and payments are guaranteed. [Photo/VCG]