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China's automobile sales were down by 14.6 percent in April year-on-year, marking the 10th consecutive month of decline in the Chinese auto market, according to the China Association of Automobile Manufacturers.
China will release a three-year action plan for SOEs (2020-22) soon to further push mixed-ownership reform, digitalization and asset securitization in its SOEs. Zhou Yuxian, chairman of China National Building Material Group Co Ltd, another Beijing-headquartered central SOE, said about 80 percent of its subsidiaries have been a part of the mixed-ownership reform and have teamed up with more private firms to develop both home and global markets.
China's auto sales are projected to increase 11 percent year-on-year to 2.28 million in June, according to the China Association of Automobile Manufacturers.
China will likely import more high-quality agricultural and industrial products, cutting-edge technologies, and luxury goods from these regions, said Wei Jianguo.
China will maintain a prudent monetary policy in the year's second half, with potential policy adjustments depending mainly on the domestic economic situation and price levels, a senior central bank official said on Friday.
来源：资阳报