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China has vowed to further cut its industrial overcapacity to accelerate restructuring of the nation's huge SOE sector.
China is expected to maintain robust growth momentum this year while making progress in reform and opening-up, despite escalating trade tensions that might create some unexpected downturn pressure, a senior official of the International Monetary Fund said on Friday.
China has stepped up IPO reform since 2019, implementing the new IPO system on the Shanghai Stock Exchange's sci-tech innovation board, or the STAR market, and the Shenzhen Stock Exchange's ChiNext board.
China is promoting the use of clean energy to reduce its dependence on coal, but the latter still accounted for 60.4 percent of the country's energy consumption in 2017. The share narrowed by 1.6 percentage points from the previous year.
China is on the track to meet its annual economic growth target of 6.5 percent this year, but more efforts are needed to stabilize the economy to ward off a slump in the next year, according to senior officials.
来源：资阳报