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China's ferrous metal industry is set to post a strong performance in the first half of the year on the back of government measures to cut overcapacity and optimize the industry's structure, experts said.
China's consumer price index, a main gauge of inflation, rose by 0.5 percent on a yearly basis in October, declining by 1.2 percentage points from September.
China's economic policies in coping with shocks of the novel coronavirus will focus on keeping jobs and protecting people's livelihoods, Premier Li Keqiang said at a news conference on Thursday.
China's opening up to the outside world is seen by those close to China as one of the momentous events in world history, eventually delivering 700 million people out of poverty.
China's leverage ratio narrowed by 1.1 percentage points in the first quarter of the year from the same period last year, while enterprises saw their debt gauge 2.4 percentage points lower and governments' down 0.7 percentage points.
