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China will prioritize efforts to treat industrial pollution, replace small coal furnaces with clean energy and control emissions from diesel vehicles as part of intensified measures to tackle air pollution in key areas.

China's central bank still faces several challenges in monetary policy operations, Zhu Haibin, JPMorgan chief China economist and head of China equity strategy, told China Daily.

China will maintain a prudent monetary policy in the year's second half, with potential policy adjustments depending mainly on the domestic economic situation and price levels, a senior central bank official said on Friday.

China will stop accepting shipments of various types of plastics, unsorted paper, textiles and vanadium slag by the end of this year. The list of banned items will likely grow longer as more types of solid waste are added, a State Council statement indicates.

China's benchmark CSI 300 index has seen about a 27 percent increase this year, in dollar terms, beating the S&P 500 by more than 13 percentage points. Shenzhen's tech-focused ChiNext has risen some 59 percent, on the same basis, exceeding the US tech benchmark, the Nasdaq Composite.