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At the Hanover Fair, one of the world's largest trade fairs for industrial technology, in April, China was the second largest exhibiting nation after the host Germany, with around 1,200 participating businesses, including telecom giant Huawei.

At the end of the 12th Five-Year Plan (2011-15), the country's iron and steel capacity amounted to 1.13 billion tons, which severely saturated the market, while the ratio of 10 largest enterprises' capacity against the overall capacity dropped from 49 percent in 2010 to 34 percent in 2015, according to the State Information Center, an institution directly affiliated to the NDRC.

At the two-day event, Wang called on the international community to strengthen environmental protection of the Arctic and continuously deepen scientific exploration of the North Pole.

At the end of December, total outstanding bonds reached 99.1 trillion yuan, showed the data.

At present, Ma said, the world economy continues to maintain the momentum of recovery, but its foundation is not solid, as unilateralism, isolationism and trade protectionism are on the rise, which give a heavy blow to multilateralism and multilateral trading system and add to the instabilities and uncertainties of global economy.