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China should make renewed efforts to keep the economy afloat as the nation faces growing downward pressure, according to leading economists.
China on Thursday urged the United States to cease its wrong practices and resolve existing problems through dialogue and cooperation on an equal footing with China.
China launched its first pilot program for household garbage sorting in 2000, but it has yet to see marked progress. As the latest government effort, the Ministry of Housing and Urban-Rural Development with eight other government bodies made public a circular on June 6, requiring more than 300 major Chinese cities to start garbage sorting this year.
China registered the first quarterly current account deficit in 17 years in this year's first quarter. Such a deficit is when imports exceed exports. The deficit was .2 billion, compared with a surplus of .4 billion a year ago. But the market seems to have fewer concerns over China than other emerging markets. This is because of China's stable macroeconomic conditions and its record of successful control of capital flight, although Sino-US trade tensions may increase uncertainties in the financial sector, according to economists.
China produces around 80 percent of the world's rare earths. However, the country's rare-earths industry is faced with problems such as smuggling and illegal mining and environmental protection issues.
来源：资阳报