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China will soon become the first country to have its crude steel output exceed 1 billion tons in 2020, said Li Xinchuang, chief engineer of the China Metallurgical Industry Planning and Research Institute, in an interview to the Xinhua News Agency earlier this week.
China's AuM rose to .2 trillion last year, up from .4 trillion in 2016 and .5 trillion at the end of 2012. The growth was spurred by China's high household-savings rate and reforms that have encouraged pension funds and insurers to use asset managers, the report said.
China's A-share market has become more resilient as capital market reform and opening-up bears fruit and the stocks are resilient enough to deal with external uncertainties, regulators and market experts said.
China will maintain a prudent and neutral monetary policy in 2018 as the world's second-largest economy strives to balance growth with risk prevention.
China will coordinate economic and social development with its efforts to cope with climate change, save energy and cut carbon emissions. It will also further promote the refining and upgrading of its economic structure, he said.
来源：资阳报