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China's monetary policy is set to be prudent and neutral in 2017, keeping appropriate liquidity levels and avoiding large injections.
China's largest sport utility vehicle maker Great Wall Motors delivered 78,804 vehicles in April, up 2 percent year-on-year. Globally, its deliveries for the month totaled 80,828 units, up 35 percent from March. The carmaker said it has been exploring digital channels and making the most of its brick-and-mortar stores to boost sales during the pandemic.

China's listed coal companies made more money in the first quarter aided by rising coal prices, Securities Daily reported Thursday.
China's economy has been transiting from a phase of rapid growth to a stage of high-quality development, Xi said in his report at the opening session of the 19th National Congress of the Communist Party of China (CPC).
China's forex market is easily influenced by irrational expectations and spurred by inertia, due to a certain level of "pro-cyclicality," which distorts market demand and supply, and magnifies the risk of exchange rate overcorrection, the CFETS said in a statement.
来源:资阳报