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China recycles steel at less than half the rate of the rest of the world. In 2017, roughly 17 percent of scrap steel in China was recycled, compared to a world average of 35.5 percent.

China last month unveiled the outline development plan for the Guangdong-Hong Kong-Macao Greater Bay Area, which aims to develop the region into "a role model of high-quality development".According to Lu, Guangxi is putting plans in place to merge comprehensively with the Greater Bay Area's development, particularly on transport, industrial collaboration, and human resources exchange. "We will boost the construction of high-speed railways, expressways, and also build more ports to form a multi-dimensional transport system for Guangxi to connect quicker with the Greater Bay Area," Lu said. The Greater Bay Area, one of China's most productive regions, is considered ripe for technological innovation. Lu said Guangxi will focus on key industries and incorporate the Greater Bay Area's technologies and platforms to aid Guangxi's industrial development. The inflow of tech talent is important: "We are aiming to arrive at a situation where we can bring in talent, form teams and work on projects. Thus we can promote particular industries," Lu said. Hezhou, in the east of Guangxi and adjacent to Guangdong, is Guagnxi's pilot area for Greater Bay Area integration. Lin Guan, mayor of Hezhou, said Guangxi and the Greater Bay Area are geographically connected and have a lot in common in culture and traditions. "The growth of the Greater Bay Area will definitely be a driving force for neighboring areas' economic development," Lin said. Hezhou has launched a three-year plan for Greater Bay Area integration, and local government, relying on Hezhou's location and rich natural resources, is exploring new models for increased cooperation.

China sold 42 billion yuan (.1 billion) worth of foreign exchange in April, retreating from 54.7 billion yuan in March and 58.1 billion yuan in February, according to data from the People's Bank of China.

China not only attaches importance to the quality of medical exports, but also takes concrete actions to sincerely help and support India in the fight against COVID-19, said a spokesperson from the Chinese Embassy in India.

China unveiled on Friday a guideline to help deepen integration of advanced manufacturing and the modern services sector, a key move to accelerate industrial upgrading and foster high-quality development, according to the country's top economic regulator.