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China's logistics industry has recovered steadily in the first four months of the year, China Federation of Logistics and Purchasing said on Thursday.

China's difficult but increasingly successful fight against corruption was outlined on Friday to senior international visitors, by the Communist Party of China's Shanxi Provincial Committee.

China's investment in fixed assets rose 8.9 percent year on year in the first four months of 2017, down from 9.2 percent in the first quarter, data from the National Bureau of Statistics showed.

China's growth has slowed over the past few years, tumbling from more than 10 percent for years to 6.7 percent last year.

China's macroeconomic policy in the second half of the year still has room to be strengthened, especially with regard to fiscal and monetary policy. There is plenty of discussion on this issue. For example, in terms of monetary policy, the RRR is about 9 percent to 10 percent, which is higher than that in many major economies. Some countries have even abandoned such an indicator. The RRR in China was once as low as around 6 percent, so there is still a lot of room to reduce the ratio.