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China's monetary authorities lowered interest rates of major lending facilities, given a projection of moderate consumer inflation in coming quarters, in support of credit to smaller businesses hit by the novel coronavirus pandemic.
China's growth is slowing down but remains "relatively robust", with HSBC's latest forecast for China's growth standing at 6.2 percent this year and 5.8 percent next year, Stephen King, a senior economic adviser at the bank, said on the sidelines of the session.
China's overall grain production has remained at high levels for years, resulting in healthy stockpiles, but the supply of high-quality grains is falling short of rising demand, the administration said.
China's continuing efforts to press for sustainable growth and to improve global governance won the support of world leaders when they met for the G20 Summit in the lakeside city of Hangzhou, the capital of Zhejiang province, in September.
China's industrial output expanded to 7 percent in April, increasing from the 6-percent rise in the previous month and beating market expectations of around 6.4 percent, official data showed.
来源：资阳报