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China's CPI rose 1.8 percent year-on-year last month, compared with 2.1 percent for March, as abundant food supplies kept inflation mild.

China will encourage foreign institutions to raise funds through renminbi-denominated bonds in the interbank bond market, as part of efforts to accelerate the opening-up of the financial market and improve the renminbi's internationalization.

China will implement a group of measures to cut value-added tax rates, ensuring that the tax burden on all industries will only go down, according to a decision made by the State Council's executive meeting presided over by Premier Li Keqiang on Wednesday.

China will soon introduce a dual-credit scheme for gasoline cars' fuel consumption and new energy car production, almost a year after first seeking public opinion about the issue in September 2016.

China will launch its first rocket for commercial missions, the Jielong (Smart Dragon) 1, in the first half of the year, according to the China Aerospace Science and Technology Corporation, cnr.cn reported.