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China will continue to pursue a proactive fiscal policy and a prudent monetary policy, while encouraging deleveraging and preventing potential risks, according to Zhou, who warned that shadow banking and housing market bubbles could increase vulnerability.
China issued a development plan for the Yangtze River Economic Belt in September 2016 and a guideline for green development of the belt in 2017.
China understands that the United States is concerned about the closure of US steel companies and the resultant unemployment of blue-collar workers, but the root cause of this wave of global steel overcapacity is shrinking demand due to economic downturn since the global financial crisis, the MOC said in a research report on China-US economic and trade relations.
China remained Russia's top trading partner and their two-way trade hit a record high of over 0 billion in 2018, he said.
China plans to increase its percentage of gas in primary energy consumption to a range of 8.3 to 10 percent in 2020, from 5.9 percent in 2015. To achieve the target, China will rely more on gas imports, Wang said.
来源：资阳报