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China will enhance efforts to further stabilize trade, support companies and minimize the COVID-19 epidemic impact on the global supply chain, commerce ministry officials said on Thursday.
China's air travel sector has recovered significantly and is expected to brace for a holiday travel rush as National Day and the Mid-Autumn Festival are around the corner, the Civil Aviation Administration of China said on Tuesday.
China will introduce overseas traders to the domestic iron ore futures market at the Dalian Commodity Exchange from May 4, which is expected to help develop a widely accepted price benchmark, said a top official from the DCE.
China's central bank also started a key interest rate market-oriented reform on Tuesday, which is expected to boost corporate earnings by reducing lending costs and lowering the risk-free interest rate, both of which would be supportive to stock prices.
China's A-share market is expected to see sustained bullish performance in 2021 as more efforts are made to improve the quality of listed companies and further explore domestic demand, experts said.
