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China has continuously stepped up efforts to implement monetary and fiscal policies to stabilize the economy. These efforts have helped bolster market expectations and confidence in the Chinese economy from enterprises, residents and foreign investors, economists said.
China has been stepping up its investment in oil and gas exploration in recent years and invested a record 82.13 billion yuan (.76 billion) for the same in 2019, up 29 percent from the previous year, according to the Ministry of Natural Resources. Investment for the exploitation of oil and gas resources in the country rose to 252.71 billion yuan in 2019, up 24.4 percent on a yearly basis, the ministry said.
China began offering subsidies on new energy vehicle purchases in 2009 but has planned to stop them by the end of 2020.
China has deployed a foreign aid team to Mozambique in the wake of a deadly cyclone that has triggered flooding and landslides in the southeast African country, the Ministry of Emergency Management said on Sunday.
China continues to face challenges in ensuring biosafety against invasive species brought into the country, the top quarantine official said on Tuesday.
来源：资阳报