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Chinese Premier Li Keqiang hands Ho Iat-seng a State Council decree to appoint him as the fifth-term chief executive of the Macao Special Administrative Region when meeting with Ho in the central leadership compound of Zhongnanhai in Beijing, capital of China, Sept 11, 2019. [Photo/Xinhua]

China, the world's largest producer of rare earths, saw a 16 percent monthly drop in those exports in May amid an increased focus on domestic resources conservation and high-quality development of commodities, officials and experts said.

China-Europe freight train services have exceeded 10,000 runs between 2012 and 2017. A total of 3,673 cargo train services were conducted by operators on both sides in 2017, up 116 percent year-on-year.

China's recent strict cross-border capital flow management and its reform of its foreign exchange regime, such as using a countercyclical factor in fixing the yuan reference rate, have worked and helped stabilize the scale of the reserves, he said.

China's purchasing managers index for the manufacturing sector came in at 50.6 in May, edging down from 50.8 in April, the NBS said on Sunday.