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Chinese Foreign Minister Wang Yi (R) and his Costa Rican counterpart Manuel Gonzalez Sanz hold a press conference in Beijing, capital of China, Jan. 9, 2015. [Photo/Xinhua]
China's three major stock market indexes rose on Monday. The Shanghai Composite Index increased by 4.09 percent to close at 2654.88 points. The Shenzhen Component Index surged 4.89 percent to close at 7748.82 points, and the ChiNext Index, China's Nasdaq-style board of growth enterprises, gained 5.2 percent to close at 1314.94 points.
China's yuan climbed to a 16-month high on Wednesday as the better-than-expected economic data reinforced the market's confidence in the country's recovery from the COVID-19 epidemic.
China's tax and fee reduction initiative may boost overall economic growth by 0.8 percentage point this year, and policymakers are saving money to support economic growth through controlling unnecessary expenditures, Finance Minister Liu Kun reported to the country's top legislature on Wednesday.
China's role in providing agricultural assistance to Africa was the focus of case studies at the United Nations on Monday.
