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China's PPI, which measures costs of goods at the factory gate, rose 7.8 percent year on year in February and hit its highest level since 2008, but its growth is expected to fall back largely as a result of industrial capacity-trimming measures.
China's "aggressive" tax cut plan for 2019 highlights the central government's determination to promote high-end manufacturing and could motivate enterprises to increase investment despite the temporary slowdown in industrial profits, experts said on Tuesday.
China's air travel passenger volume on domestic routes has recovered to 98 percent in the third quarter, Wu revealed.
China's centrally administered State-owned enterprises have been accelerating work in the production of meltblown nonwoven fabric to help the anti-epidemic fight, with daily production capacity of meltblown nonwoven fabric reaching 26 tons as of March 6 and the same is expected to grow significantly in the coming weeks, said the State-owned Assets Supervision and Administration Commission.
China's central bank will take further steps to encourage equity financing and facilitate capital market reforms to diversify financing services in the banking sector, a senior official said on Tuesday.
来源：资阳报