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As the Chinese saying goes, the last leg of a journey marks the halfway point. Achieving national rejuvenation will be no walk in the park; it will take more than drum beating and gong clanging to get there. Every one of us in the Party must be prepared to work even harder toward this goal.

As stated in the ILO report, China's average wage increased by 8.2 percent annually from 2008 to 2017, which is much higher than the global growth rate.

As the regulators keep urging banks to lower lending rates for micro and small enterprises, they should evaluate banks' performance in this regard separately from the service fees charged by third-party institutions. Otherwise, many large banks dare not enter into partnerships with these institutions on providing loans online to small businesses due to concerns that the comprehensive financing costs will be higher than regulators expect after service fees charged by third-party institutions are written into bank contracts, she said.

As the economy may face strong headwinds in 2019, local governments have prepared "a large number of projects that are able to play a role in stabilizing the economy", said an official at a provincial bureau of the commission, who declined to be identified.

As the regulators keep urging banks to lower lending rates for micro and small enterprises, they should evaluate banks' performance in this regard separately from the service fees charged by third-party institutions. Otherwise, many large banks dare not enter into partnerships with these institutions on providing loans online to small businesses due to concerns that the comprehensive financing costs will be higher than regulators expect after service fees charged by third-party institutions are written into bank contracts, she said.