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China's fresh fiscal data indicated a broader funding gap faced by the government, driving the authorities to explore new channels and maintain a balanced budget, said analysts.

China's iron and steel industry has made significant green efforts to prevent carbon emissions and protect the environment during the 13th Five-Year Plan (2016-20) period, according to industry officials and experts.

China's industries enjoyed steady growth with enterprises' profits rising rapidly in the first quarter of the year, the Ministry of Industry and Information Technology said on Wednesday.

China's employment driven by e-commerce is projected to exceed 48 million jobs in 2018, said ASKCI, a professional industry market research and enterprise consultation service provider.

China's monetary policy is predicted to remain stable, with likely moderate easing next year, but additional liquidity injection is necessary in the coming months, according to Goldman Sachs Investment Strategy Group on Tuesday.