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The Chinese Academy of Social Sciences (CASS) also forecast that the Chinese population aged 60 years old and above will reach 483 million by 2050.

The China-Japan (Tianjin) Health Industry Development Cooperation Demonstration Zone, which was opened on Tuesday, is expected to become a new growth engine for the two countries and help cushion the economic impact from the COVID-19 pandemic, said An Limin, deputy head of the regional department, under the National Development and Reform Commission.

The China Disabled Persons' Federation on Friday held a sales promotion session in Beijing to help bolster the consumption of farm produce and other products from laborers with disabilities.

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The Chinese economy grew faster than expected in the second quarter with rebalancing efforts showing visible progress. A sound and stable macro-economic outlook has created room for regulators to intervene.

The Chinese economy grew 6.9 percent in the second quarter of 2017, flat with the previous quarter and above the government's annual target of around 6.5 percent.

The Chinese economy generally contributes about 30 percent to global growth annually. According to the World Bank, from 2002 to 2016, the United States contributed 10 percent to global growth, while the contributions of the European Union and Japan were 8 percent and 2 percent, respectively. China's contribution was 34 percent during that period, larger than the total of those three developed economies.

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The Chinese government has attached great importance to the application and exploration of big data, and the 13th Five-Year Plan (2016-20) had promoted big data development into a national strategy.

The China Conservation and Research Center for Giant Pandas in Wolong, Sichuan, has already made some progress in free ranging and reintroducing captive-bred giant pandas into the wild. So far, the center has released 11 giant pandas into the wild, nine of which survived.

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The California-based Wine Institute said that comparing to 2017, US wine exports, over 90 percent of which are from California, were down 4.8 percent in value and 1.2 percent in volume last year, emphasizing that exports to Japan and China, which are the fourth and fifth biggest market of US wine, fell by double-digit percentages.

The Chinese Zodiac is represented by 12 animals to record the years and reflect people's attributes, including the rat, ox, tiger, rabbit, dragon, snake, horse, sheep, monkey, rooster, dog and pig.