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China's industrial sector made a strong start in the first quarter, with the industrial value-added output rising 6.8 percent year-on-year, the Ministry of Industry and Information Technology said on Wednesday.
China's crude oil demand will surge next year, as the nation's economic activity recovers strongly following the COVID-19 outbreak, according to the Organization of the Petroleum Exporting Countries.
China's exports to the country stood at 84.9 billion yuan, up 22.1 percent from the previous year, while imports surged 42.8 percent to 44.01 billion yuan, said Huang Guohua, an official with the General Administration of Customs, at a press briefing.
China's cross-border capital flows and the yuan's exchange rate are expected to remain stable, despite potential risks from Sino-US trade friction, monetary policy tightening of other major economies and the country's rising foreign debt, a senior official from the nation's foreign exchange regulator said on Thursday.
China's economic relationship with the region has deepened in the past decade, and the improved trade is the most obvious indicator of the closer relationship, the research house highlighted.
来源：资阳报