China's consumer inflation is set to grow at a slower pace for the rest of this year, with the overall price operation level remaining in a reasonable range, the country's top economic regulator said on Tuesday.
China's top economic planner approved seven fixed-asset investment projects with their combined investment totaling 129.8 billion yuan ($18.35 billion) in May, an official said Tuesday.
China spent about 5.01 trillion yuan ($706.6 billion) on education nationwide in 2019, up 8.74 percent from the previous year, the Ministry of Education said Monday.
China's economy is on the track to recovery given the recently announced economic indicators, before rebounding in the second half of the year, a South Korean expert said Monday.
China is working hard to ease the financing strain on cash-starved firms, as part of its major drive to ensure the orderly resumption of work and production amid the mounting downside pressure, the country's top economic regulator said on Tuesday.
China's oil majors are planning ahead in Hainan province as they believe the package of preferential policies to build the area into a globally influential and high-quality free trade port will drive up local oil and gas demand.
The world's automotive industry has endured a tough test during the coronavirus pandemic, but China has emerged from the sales decline in May, officials said at the China Auto Chongqing Summit on Saturday.
Source：Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham
