Facing remarkable challenges in 2020, the fiscal system has explored ways to mitigate the impact of the pandemic on the economy.

The meeting, presided over by Premier Li Keqiang, decided to distribute the two draft documents to local governments and relevant departments of the central government to solicit opinion.

China's economy will remain strong in the first quarter of 2021, and consumption is expected to become the main driving force of China's economic growth in the next few years, the Swiss bank said.

Police officers take part in a joint railroad police emergency drill at a freight hub in Nanjing, east China's Jiangsu Province, Jan. 19, 2021. 

The park has prepared Laba congee, a traditional dish that Chinese households cook and eat during the Laba Festival, which falls on the 8th day of the 12th lunar month every year.

Aerial photos taken on Jan. 18, 2021 show Shijiazhuang Television Tower illuminated to honor the city's fight against COVID-19 in Shijiazhuang, north China's Hebei Province.

Xi extended greetings to athletes, coaches and representatives of operation teams and construction staff in the Zhangjiakou competition zone.

With the COVID-19 pandemic in the backdrop, China will continue to contribute with its "wisdom and power" to fight the pandemic with other countries and facilitate the world economic recovery.

China has ranked the largest online retail market in the world for eight years in a row, the MOC said, noting that online retail sales accounted for 24.9 percent of the country's total retail sales volume last year.

Tiantong-1 is a satellite mobile communication system independently developed and built by China. It consists of a space segment, ground segment, and user terminal.