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China's largest rice planting project in Africa, Wanbao Mozambique rice farm, is located in Xai-Xai, the capital of Gaza province, Mozambique. Benefiting from its vast land mass, a suitable climate, an abundance of water sources for irrigation and support from China, the project aims to develop some 20,000 hectares of land.Through cooperative planting methods, it will help the local farmers to develop successful rice plantations.
China's current account surplus declined to 1.7 percent of GDP in 2016, falling substantially from its peak of about 10 percent of GDP in 2007, according to the IMF.
China's interest rate reform, which started in the 1990s, seeks to build an interest rate regime determined by the market, to replace the existing system in which the central bank can set the interest rates via administrative orders.
China's growth outlook remains strong and offers an opportunity to accelerate re-balancing and other reform efforts, the IMF said.
China's consumer price index, a main gauge of inflation, grew 2.5 percent year-on-year in June, with the increase mainly driven by rising food prices, the National Bureau of Statistics said on Thursday.
来源：资阳报