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Cutting overcapacity in bloated sectors like steel and coal has been high on the government work agenda in recent years as production gluts ate into corporate profits and dragged economic growth.

BEIJING, April 8 (Xinhua) -- By continually raising the stakes in its trade dispute with China, the United States is no doubt hoping Beijing will fold, but that is a losing bet, China Daily said in an editorial over the weekend.

The targets set by Gansu, Hubei, Tianjin and Tibet are all lower than last year.

BOAO, Hainan, April 10 (Xinhua) -- China-Pakistan relations should be a pillar for regional peace and stability, Chinese President Xi Jinping said Tuesday when meeting with Pakistani Prime Minister Shahid Khaqan Abbasi during the Boao Forum for Asia annual conference.

China will deepen its reform and opening up, he said, adding that China, while realizing its own development, will make greater contribution to the common development and progress of the world.