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China's M2 growth has accelerated since the central bank eased monetary policy to mitigate COVID-19 shocks and maintained double-digit growth since March, up from the 8.7-percent rise seen in December 2019, according to official data.
China's Sinohydro has also finished the necessary studies to start soon the construction of a major pumped-storage hydropower plant in Mount Ataka in northeastern Suez province, with a capacity of 2,400 megawatts.
China's automotive market slowed sharply in 2017, but new energy vehicles have been a bright spot. An industry body said this month that new energy vehicle sales would likely grow 40 percent this year, topping 1 million vehicles.
China will promote market-based allocation of factors of production including land, labor and capital, while accelerating the development of the market of technology and data factors, it said.
China's January-April trade with economies related to the Belt and Road Initiative climbed 9.1 percent year-on-year to 2.73 trillion yuan.
来源：资阳报