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China's fiscal policy could be more proactive in supporting investments in the second half this year, said analysts, as the economy looks to strike a balance between growth and stability.

China's imports of natural gas have grown to meet increasing domestic consumption, which has been primarily driven by environmental policies to replace coal-fired electricity generation.

China's economic growth is expected to accelerate in the second half of this year, on the back of the country's successful efforts to offset the impact of COVID-19 on its economy, he said.

China's first domestically produced single-aisle passenger jet, the C919, which is expected to make its maiden flight on Friday, has secured 570 orders from 23 clients, China Securities Network reported on Wednesday.

China's housing inventory was down significantly, and the debt-to-asset ratio for industrial businesses also dropped. Corporate operation costs declined as governments moved to reduce business burden, and investment surged in weak areas including environmental protection and agriculture.