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China's financial institutions accelerated lending to support economic growth in November, which boosted bank loans beyond the expected level, according to data reported by the central bank on Tuesday.

China's major boarding bridge provider Shenzhen CIMC-TianDa Airport Support Ltd has secured a 518.5-million-yuan ( million) order to make boarding bridges for Chengdu Tianfu International Airport, making it the largest single order in the sector in the country so far.

China's largest power battery maker CATL is ready to make deeper inroads into the European market with its Erfurt, Germany, plant. The plant will produce both battery cells and modules for the region's partners.

China's consumption market is expected to remain stable and grow in the second half of the year, pushed by the country's stable job market and tax cut measures, as well as the new round of reform and opening-up, the Ministry of Commerce said in an online statement.

China's industrial output, an important economic indicator, expanded by 5.4 percent year-on-year in April, down from the 8.5 percent for March, official data showed on Wednesday.