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China's coal industry saw reasonably fluctuating prices and increased profitability in 2018, thanks to basically balanced supply and demand, according to a report issued by the China National Coal Association on Friday.

China's listed banks entered a period of stability with steady growth and lower non-performing loan ratios and overdue loan ratios in the first half of the year, but pressure for competition may mount and lenders need to increase their pricing and cost control abilities, according to a report.

China's investment in Africa has also seen strong growth, as the ministry's data show that more than 3,700 Chinese companies had set up branches in Africa by the end of 2018, bringing over billion to the continent.

China's local governments are introducing a number of supportive measures to help small and medium-sized enterprises cope with the impact of the novel coronavirus outbreak.

China's major flange producing county Dingxiang in Shanxi province is stepping up development of innovative manufacturing technologies, in line with the government's mission to promote high-quality development.