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BEIJING, June 17 (Xinhua) -- Chinese Premier Li Keqiang on Saturday sent a message of condolences to German Chancellor Angela Merkel on behalf of the Chinese government and in his own name over the death of former German Chancellor Helmut Kohl.

Profits from ferrous metal companies dropped 7.8 percent year on year in April, compared with a 1.3-fold increase in March, while auto makers reported a 6.7 percent drop in profits, down from a 18.7 percent rise in March.

It said that authorities in Yunnan failed to thoroughly clean up the negative influence of corrupt officials such as Bai Enpei and Qiu He, and that authorities in Shaanxi have been complained for problems in official selection and promotion.

Though originating from China, the Belt and Road Initiative belongs to the whole world, while its development goes beyond regions, stages of development, and civilizations, according to the president.

Moreover, those debts have all been used for projects to develop social undertakings and improve people's livelihood and have become effective assets, which help the sustainable development of local society and economy. The Chinese government has established a regular local government debt monitoring mechanism, and has strengthened accountability over irregular borrowings.