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China's GDP growth slowed to 6.3 percent year-on-year in the first half of this year. Consumer price index rose to 2.8 percent in August. The ADB forecast that the whole-year CPI growth will reach 2.6 percent this year, still lower than the country's inflation control target of 3 percent.
China will step up efforts to reduce its reliance on fossil fuels and improve its energy consumption mix to ensure improved air quality. It plans to cut carbon emissions per unit of GDP by 60-65 percent by 2030 from 2005 levels, while investing 2.5 trillion yuan (6 billion) in renewable energy by 2020, according to the National Energy Administration.
China's GDP growth is likely to moderate somewhat in the coming quarters due to the property slowdown, but growth is still expected to be 6.5 percent or above, said Zhou.
China's aggregate financing, including government and corporate bonds, increased by 5.16 trillion yuan in March, notching up a year-on-year growth rate of 11.5 percent compared with 10.7 percent in February. It was the fastest single-month growth in history, mainly due to the growing government and corporate borrowing, the PBOC said.
China's central SOEs also have enhanced awareness of environmental protection alongside their overseas operations, the report shows. About 60 percent have set up a related mechanism to ensure environmental protection, up from 52 percent in 2018.
来源：资阳报