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China maintained its position as the World's largest goods exporter in 2016, a Ministry of Commerce statement said Thursday, citing data from the World Trade Organization (WTO).
China will raise the basic pension in 2017, the 13th straight year it had done so, but at a slower pace amid pressure from the economic slowdown and the aging population.
China's state-owned enterprises (SOEs), the backbone of the country's economy, have shown fresh vitality as reforms to these companies gradually bear results.
China should promote the development of the service sector, which will account for 72 percent of the GDP by 2030, according to a government think tank report issued Wednesday.
