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China's historically high credit growth in the first half of this year has strongly supported economic recovery as the novel coronavirus epidemic has been almost controlled in the country, the central bank said on Friday. It added that monetary policy will be back to normal if the outlook remains optimistic.

China's foreign trade volume totaled 9.07 trillion yuan (.28 trillion) in the first four months of this year, declining 4.9 percent year-on-year, data released by the General Administration of Customs showed on Thursday.

China's only rural policy bank has started to award loans with a lending rate of 4.35 percent to private firms on purchasing potatoes and grain. [Photo/IC]

China's gas storage facilities, rather than operating independently, have long been auxiliary to the pipelines, which has substantially constrained development and is standing in the way of a more open and liberalized gas sector in the country, she said.

China's fastest wheeled train in commercial use, the Fuxing, or Rejuvenation, runs daily at 350 km/h between Beijing and Shanghai.