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China's shadow banking sector is expected to become healthier in 2021 amid improving regulatory efforts to de-risk the sector, after assets of the most risky shadow banking activities contracted by nearly a quarter from an all-time peak, experts said on Monday.

China's producer price inflation tamed down in November on low basis and government curbs on polluted industries, the National Bureau of Statistics (NBS) said Saturday.

China's total grain output consists of three parts -- early rice, summer grain and autumn production. Summer grain is the first season of the annual grain production, which accounts for more than a fifth of the annual output.

China's rural population living under the poverty line-less than 2,300 yuan a year, or slightly more than a day in 2018 values-decreased from 770 million in 1978 to 16.6 million in 2018, and the life expectancy of Chinese people has jumped from 35 years when New China was founded, to 65 by 1980 and 77 last year, according to the white paper.

China's top three oil giants－China National Petroleum Corp (CNPC), China Petrochemical Corp (Sinopec) and China National Offshore Oil Corp (CNOOC)－have reported sharp falls in net profit and revenue for the first quarter as the pandemic hurt fuel consumption following a collapse in oil prices.