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China's trade with economies participating in the Belt and Road Initiative was worth 2.51 trillion yuan in the first four months, an increase of 11.6 percent year-on-year, which was 2.7 percentage points higher than the overall level.
China, which holds more than .1 trillion of US Treasuries, is America's largest foreign creditor, said a CNBC report.
China's steel industry, which has been facing a rough time due to rising inventories and falling product prices due to the novel coronavirus outbreak, is expected to recover rapidly during the second quarter of this year, experts said.
China's three largest State-owned banks－Industrial and Commercial Bank of China, Agricultural Bank of China and Bank of China－all published announcements last week and revealed that they had approved equal investments of 3 billion yuan respectively to the fund, using their own capital. The capital injection shall be paid by installments in four years commencing from this year.
China's whole-year growth this year may reach 6.7 percent, meaning it will meet its target of "around 6.5 percent", according to forecasts by some institutions, such as the China Center for International Economic Exchanges and investment bank ICBC International.
来源：资阳报